Japan Indexes Rebounded, Iran and Israel Halted Missile Strikes

Akira Ito
24 Jun, 2025
Tokyo

Japan's stock market indexes rebounded from a three-day slide amid hopes of a temporary ceasefire in the Middle East. 

The Nikkei 225 Stock Average gained 1%, and the broader Topix advanced 0.8% after Iran and Israel appeared to halt missile attacks amid rising casualties on both sides. 

Crude oil prices dropped and extended a two-day decline to nearly 10% in Asia, as the prospect of global crude oil and natural gas supply disruption eased. 

Market sentiment also recovered after the U.S. president appeared to walk away from his earlier announcements of supporting the fall of government in Iran.

For now, benchmark indexes in Japan and Asia rebounded in the hopes that crude oil prices will sink lower further amid stable supply from OPEC+ nations.

 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average gained 1% to 38,764.66, and the broader Topix increased 0.8% to 2,781.93. 

Technology and vehicle makers dominated the most actively traded stocks list, as investors hoped for a possible trade deal ahead of the July 9 deadline. 

Advantest Corp. jumped 1% to ¥9,806.0, Tokyo Electron gained 4.3% to ¥24,710.0, and Disco Corp. increased 3% to ¥37,420.0. 

Toyota Motor Corp. added 0.3% to ¥2,499.50, Honda Motor Corp. decreased 0.3% to ¥1,400.50, and Nissan Motor Corp. decreased 0.6% to ¥343.20. 

Shipping companies lacked direction amid elevated tensions in the Middle East, but a sharp jump in freight rates between Asia and the U.S. supported the case for higher annual earnings. 

Nippon Yusen KK decreased 1.5% to ¥5,005.0, Mitsui O.S.K. Lines Ltd. decreased 2% to ¥4,703.0, and Kawasaki Kisen Kaisha Ltd. dropped 1.7% to ¥2,003.50. 

In the year so far, shipping company stocks are down between 12% and 16%.