Lates News

Hiroyuki Ueno, Chief Strategist of Sumitomo Mitsui Trust Asset Management Co., commented on the ceasefire between the US and Iran: "This is a relief for the market. At least in the short term, the situation has eased. Iran has effectively returned to the negotiating table, which is a step forward. Now the market will feel that high oil prices are unlikely to last long." Stocks that were "sold off" during the past month's sharp decline will be bought back, leading to a "decent" rebound in the short term. In Japan, tech stocks and AI concept stocks seem to be the most suitable for buying. "But starting from here does not guarantee everything will go smoothly, investors should not be too hasty."