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Japanese Stocks Rise on Tech Gains

Japan: Japan's Nikkei 225 closed Tuesday's session higher, amid optimism in global markets, after reports said Tehran is considering attending peace talks with Washington in Pakistan, boosting confidence in markets and prompting investors to buy technology shares in Japan.

According to Qatar News Agency, the Nikkei 225 rose 0.89 percent to 59,349.17 points, while the broader TOPIX gave up early gains to close down 0.18 percent at 3,770.38 points.

In the technology sector, semiconductor stocks posted positive performance, with shares of Tokyo Electron rising 3.46 percent and Advantest gaining 0.37 percent. Shares of Kioxia Holdings jumped 7.31 percent, while SoftBank Group climbed 8.53 percent. Shares of Fujikura rose 6.51 percent, Furukawa Electric gained 2.76 percent, and Hitachi advanced 0.7 percent.

By contrast, banking shares declined, with Mitsubishi UFJ Financial Group and Mizuho Financial Group falling 1.39 percent and 1.89 percent, respectively.

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