Japan Market Daily | Kabutaro & Friends

On April 16, 2026, the Nikkei 225 surged for a third consecutive session to close at 59,518 yen, up 1,384 yen from the previous day and reaching a new historic high. Market sentiment shifted toward risk-on as news of an extended ceasefire between the U.S. and Iran eased geopolitical concerns, coupled with strong gains in semiconductor stocks following Wall Street's tech rally. Meanwhile, at the G7 Finance Ministers and Central Bank Governors meeting in Washington, leaders emphasized the need for stability in the Middle East. Japan's Finance Minister Katayama met with the U.S. Treasury Secretary to reaffirm close cooperation on currency volatility. Despite persistent concerns over high energy costs impacting supply chains, investors welcomed the signs of easing tensions.