Nikkei Index rises by 1.3%, driven by electronics stocks
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Glonghui April 16th｜Japanese stocks rose after Wall Street equities climbed overnight, although cautious sentiment regarding the Iran conflict still persists in the market. Electronics stocks led the gains. Daikin Industries increased by 11%, and TDK rose by 5.2%. Investors are closely monitoring developments in the Middle East, as regional mediators are currently working to extend the ceasefire agreement between the US and Iran.
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