Nikkei Edges Up 0.4% Led by Airlines and Automakers

Deep News

07/27

Concerns over a further escalation of the conflict with Iran eased temporarily, pushing Japanese stocks higher.

Airlines and automakers led the gains. Japan Airlines Co., Ltd. advanced 4.2%, while automaker Subaru Corporation rose 2.8%.

Investors are closely monitoring crude oil prices after US President Donald Trump postponed a major escalation of military action against Iran.

The Nikkei index rose 0.4% to close at 64,859.12 points.

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