11 May 2026, 09:27 Japan: Nikkei Hits New Record on Tech Rally.
The Nikkei 225 climbed 0.8% to above 63,200 on Monday, reaching a new all-time high as technology shares powered higher on the back of strong corporate earnings and continued optimism surrounding the artificial intelligence sector. Investors also looked past rising oil prices after President Donald Trump rejected Iran’s response to his peace proposal as “TOTALLY UNACCEPTABLE,” leaving the Strait of Hormuz effectively closed. Leading gains among technology stocks came from Kioxia Holdings (9.8%), SoftBank Group (2.1%), Lasertec (4.2%), Fujikura (4.8%), and Tokyo Electron (2.1%). In corporate developments, Sony Group surged 10.5% after unveiling plans to buy back up to
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