Japan’s Nikkei Closes Thursday on High Note
The 225-issue Nikkei Stock Average jumped 1,384.10 points, or 2.38 percent, from Wednesday to finish at 59,518.34. The milestone eclipsed the previous record closing high of 58,850.27 set on Feb. 27.
Meanwhile, the broader Topix index also advanced, rising 44.13 points, or 1.17 percent, to end at 3,814.46.
Market sentiment was lifted by expectations that Washington and Tehran may extend their ceasefire by an additional two weeks ahead of its looming deadline. Gains were further supported by strong performances in major technology stocks, which tracked momentum from their U.S. counterparts.
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