"The catalyst for the market rebound was a combination of statements from Israeli and U.S. officials indicating restraint on Iranian energy infrastructure, which had previously caused significant market selloffs."
"Japan's Nikkei 225 saw broad-based buying, particularly in energy-sensitive and export-oriented stocks, as investors reacted positively to the easing of geopolitical tensions."
"In Hong Kong, investors shifted towards undervalued technology and financial stocks, betting that stabilized trade flows would support future earnings amid the recovering market."
Japan's Nikkei 225 rose 2.90% to close near 53,766, recovering from earlier corrections. Hong Kong's Hang Seng Index increased by 2.79%, while South Korea's KOSPI advanced 1.59%. The recovery followed statements from Israeli and U.S. officials indicating restraint on Iranian energy assets. Israel announced it would not target further Iranian energy infrastructure, and Trump revealed a peace proposal while postponing strikes. Iran signaled a limited reopening of the Strait of Hormuz, easing concerns that had previously driven oil prices above $100 per barrel.
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