"Asian Stocks" Nikkei closed up 2,675 points or 5.2% for the day, with semiconductor and optical fiber stocks leading the rise, Kioxia surged 14%

The Nikkei Index significantly rose today (1st), as the market anticipates the end of the US-Iran conflict, with foreign capital pushing up the market by covering "light positions." The Nikkei average opened 895 points higher and expanded its gains, closing at a daily high of 53,739 points, up 2,675 points or 5.2%, marking the fourth largest increase in history.

In the AI and semiconductor sector, Advantest (6857.JP) and Kioxia (285A.JP) rose 10.7% and 14.3%, while SoftBank (9984.JP), Renesas Electronics (6920.JP), and Tokyo Electron (8035.JP) increased by 5.5% to 6%. Discus (6146.JP) rose 4%. In the optical fiber sector, Furukawa Electric (5801.JP) and Sumitomo Electric (5802.JP) increased by 12.9% and 10.6%, while Fujikura (5803.JP) rose 8.7%.

In the heavy industry sector, Mitsubishi Heavy Industries (7011.JP) and Kawasaki Heavy Industries (7012.JP) rose 8.7% and 9.4%, while IHI (7013.JP) increased by 6.1%. In the metals sector, JX Metals (5016.JP) rose 11.6%, while Sumitomo Metal Mining (5713.JP) and Mitsui Mining & Smelting (5706.JP) increased by 8.3% and 9.6%. In the trading company sector, Marubeni (8002.JP), Mitsui & Co. (8031.JP), and Sumitomo Corporation (8053.JP) rose by 6.1% to 7%.

In the banking sector, Mitsubishi UFJ Financial (8306.JP) and Sumitomo Mitsui Financial (8316.JP) rose by 8% and 9%, while Mizuho Financial (8411.JP) increased by 8.6%. In the insurance sector, Dai-ichi Life (8750.JP) rose by 5.5%. Other stocks included Fast Retailing (9983.JP) rising by 3.3%, Panasonic (6752.JP) and Hitachi (6501.JP) increasing by 7.3% and 6%, Shiseido (4911.JP) rising by 6.6%, and Toyota (7203.JP) and Sony (6758.JP) increasing by 4.7% and 5.1%.

The USD/JPY exchange rate is reported at 158.33