The Nikkei index rose by 0.7%, with auto and machinery stocks leading the gains.

The Japanese stock market is on the rise, as the market continues to hope for peaceful negotiations between the United States and Iran. The Nikkei Index rose 0.7% to 58894.90 points. Automotive and machinery stocks led the gains, with Honda rising 2.6% and Mitsubishi Heavy Industries rising 3.3%. Investors are closely watching developments in the Middle East, as Vice President JD Vance is expected to lead a new round of peace talks with Iran in Pakistan later this week. Iran has not publicly confirmed the talks. The dollar is at 159.17 yen, compared to 159.49 yen at the close of the Tokyo stock market last Friday.