What moved the Nikkei 225 today?

The index rebounded 0.97% to 52,017 as risk sentiment improved after Hormuz-driven selling. Pharma and metals led gains, while Nintendo lagged. A weak yen near USDJPY 160 supported parts of the market, but potential FX intervention kept traders cautious. Headline flow around Middle East tensions remains the key driver of day-to-day swings.

How does USDJPY near 160 affect Japan stocks?

A weaker yen tends to lift exporters’ reported revenues and margins, which can support indices. It also raises import costs and inflation risks, inviting stronger official warnings about FX moves. For UK investors using unhedged funds, a high GBPJPY can mute local returns, so hedged share classes may help reduce currency noise.

Are Middle East tensions still a risk for Japan stocks?

Yes. Any renewed escalation can push oil higher, tighten financial conditions, and revive safe-haven flows that pressure equities. Japan is a major energy importer, so sustained oil spikes can hit profits and sentiment. We expect volatility to stay sensitive to headlines, as seen in the recent two-day, 3,700+ point slide.

What’s a sensible approach for UK investors to add Japan exposure now?

Consider phased buying through diversified funds, with a mix of defensives and quality cyclicals. Use currency-hedged share classes if you want steadier GBP returns while USDJPY is elevated. Set clear risk limits, monitor oil and FX intervention signals, and reassess positions around earnings announcements and dividend dates.

Global Market Insights

Nikkei 225 Today, March 24: Rebounds 0.97% as Pharma, Metals Lead

ByDanny Kontos March 24, 2026March 24, 2026

Nikkei 225 today rebounded 0.97% to 52,017 after a sharp two-day, 3,700+ point slide. Gains were led by pharma and metals, while Nintendo lagged. The move came as traders looked past immediate Middle East tensions and monitored a weak yen with USDJPY near 160, alongside official warnings of possible FX intervention. For UK investors, the bounce matters because Japan exposure in London-listed funds can swing quickly with currency. We explain what drove today’s rise, what sectors led, and how to position around yen risk and oil headlines.