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As concerns about shortages of energy and petrochemical products ease, the Japanese stock market may rise. The flow of ships passing through the Strait of Hormuz has improved, but commercial traffic is still only a fraction of pre-war levels. Nikkei Index futures rose 1.4% to 58,810 points on the Singapore Exchange. Investors are watching the development of the situation in the Middle East, while the market continues to hope that the US and Iran will resume negotiations to resolve the conflict. The Nikkei Index rose 2.4% to 57,877.39 on Tuesday.
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As concerns about shortages of energy and petrochemical products ease, the Japanese stock market may rise. The flow of ships passing through the Strait of Hormuz has improved, but commercial traffic is still only a fraction of pre-war levels. Nikkei Index futures rose 1.4% to 58,810 points on the Singapore Exchange. Investors are watching the development of the situation in the Middle East, while the market continues to hope that the US and Iran will resume negotiations to resolve the conflict. The Nikkei Index rose 2.4% to 57,877.39 on Tuesday.
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