MediumPositive
Announced Tue, 30 Jun · 13:06 IST
Japan's Nikkei clocks best quarter on record on tech rebound
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Japan's Nikkei 225 closed up 0.86% at 70,062.32, capping a record 37% surge in the April-June quarter, its best quarter since 1965. The rally was driven by a rebound in U.S. tech stocks, with the Nasdaq jumping 2.04% overnight, and easing geopolitical tensions after the U.S. and Iran agreed to resume talks. Japan's May industrial output rose 0.5% month-on-month, while strategists cautioned that the broader market remains weak despite the tech-led gains.