Market Updates

Japan Indexes Recovered Led by Global Tech Rebound and BoJ Governor Comments

Akira Ito
05 Mar, 2026
Tokyo

    Stocks in Japan advanced on Thursday, recovering losses from earlier in the week and supported by a tech-driven rebound in overnight trading in New York. 

    The Nikkei 225 Stock Average increased 1.9%, and the broader Topix Index soared 2.2% despite the Middle East conflict showing no signs of easing. 

    Brent crude oil prices jumped 3.1% to $83.95 a barrel as the U.S., Israel, and Iran stepped up airstrikes. Moreover, Saudi Arabia and the UAE declared war on Iran following several Iranian missile and drone strikes. 

    The conflict in the Middle East shows no signs of ending, and at least twelve nations are involved, including Jordan, Oman, Kuwait, Bahrain, Saudi Arabia, Qatar, and the UAE.

    The Strait of Hormuz, a key passage for the transport of energy products to Asia, remained closed for the third consecutive day as the bomb strikes raged on along the narrow pathway.

     

    Japan Indexes and Stocks 

    The Nikkei 225 Stock Average increased 1.9% to 55,276.61, and the broader TOPIX Index gained 2.2% to 3,712.29. 

    Nippon Yusen increased 2.2% to ¥5,511.0, Mitsui O.S.K. Lines gained 2.1% to ¥6,034.0, and Kawasaki Kisen Kaisha added 3.3% to ¥2,609.0. 

    Technology stocks led the market's advance in Tokyo after Bank of Japan Governor Kazuo Ueda said escalating tensions in the Middle East could materially dent Japan's economy, indicating that policymakers may keep interest rates unchanged for a prolonged period of time. 

    SoftBank Group gained 4.2% to ¥3,864.0, Tokyo Electron added 2.5% to ¥41,720.0, and Lasertec Corp. gained 1.4% to ¥33,550.0.

     

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