The Nikkei 225 Index rose 0.5% to above 53,370 while the broader Topix Index gained 0.3% to 3,655 on Monday, with Japanese shares rising for the second straight session as investors weighed the latest developments in the Middle East. On Sunday, President Donald Trump threatened strikes on Iran's power plants and other civilian infrastructure starting Tuesday if the Strait of Hormuz is not reopened, though Tehran dismissed the latest ultimatum and kept the narrow waterway effectively shut.
Japan remains vulnerable to oil supply shocks given its heavy reliance on oil imports from the Middle East, with the nation releasing oil from its emergency reserves and seeking alternative sources for its energy needs.
Notable market performers included Furukawa Electric (up 5.6%), SAKURA Internet (20.3%), Sumitomo Electric (4.4%), Lasertec (2.9%), and SoftBank Group (1.8%).
Sumber : Trading Economics
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