Japanese Shares Rise Despite Mideast Escalation
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Japanese shares rose for the second consecutive session, with the Nikkei 225 Index increasing by 0.5% to over 53,370 and the Topix Index gaining 0.3% to 3,655. This rise occurred amid escalating tensions in the Middle East, particularly following President Trump's threats against Iran. Japan's heavy reliance on oil imports makes it vulnerable to supply shocks, prompting the release of oil from reserves. Notable stock performers included Furukawa Electric (+5.6%) and SAKURA Internet (+20.3%).
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