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Oil Dip Lifts Japanese Stocks on Eased Supply Fears
18 Sep
Summary
- Japanese stocks saw gains in early trade.
- Crude oil prices decreased, easing supply concerns.
- Chip-related stocks led the market's upward movement.
As of 00:11 GMT on Friday, September 18, 2026, Japanese stock markets opened higher. This positive trend was largely attributed to a recent fall in crude oil prices, which has lessened concerns over potential supply disruptions in the Middle East. The Japanese yen also experienced fluctuations, trading at 156.15 yen to the dollar at the time of reporting, a shift from its previous closing rate of Y155.58.
Leading the market's advance were stocks in the technology sector, particularly those involved in chip manufacturing. Notable performers included Lasertec, which saw its share price increase by 5.3%, and Advantest, which gained 3.9%. This surge in chip-related equities reflects a broader market optimism driven by the easing oil supply fears.
