Investor optimism over a potential US-Iran peace agreement drives regional equities higher, with Japan’s benchmark index reaching an all-time high.
Asian stocks advanced Thursday, led by Japan’s Nikkei 225, which surged to a record high amid optimism over a possible US-Iran peace deal. The broader regional rally reflected investor relief over reduced geopolitical tensions in the Middle East.
The Nikkei 225 climbed above its previous peak, supported by strong corporate earnings and a weaker yen. Other major indices in the region also posted gains, though trading volumes remained moderate ahead of key economic data releases.
Markets reacted positively to reports of diplomatic progress, with energy and defense sectors showing particular strength. Analysts cautioned that the deal’s finalization remains uncertain, but sentiment improved on the prospect of de-escalation.