Nikkei Briefly Loses Over 300 Points after U.S. Attack on Iran

   Tokyo, June 23 (Jiji Press)--Japan's key Nikkei 225 stock average briefly lost more than 300 points on Monday morning as the United States' attack on nuclear facilities in Iran raised concerns over further deterioration in the Middle East situation.
   The index fell to as low as 38,026.32 about 30 minutes after the start of the day's trading on the Tokyo Stock Exchange, down 376.91 points, or 0.98 pct, from Friday's closing, with investors reacting to the news of the U.S. attack with risk-averse selling.
   But the market's downside was limited thanks to the growing view among market players that Iran is "unlikely for now" to blockade the Strait of Hormuz as a retaliatory measure, an equity strategist said.
   The Nikkei ended the morning session down 227.60 points, or 0.59 pct, at 38,175.63.
   U.S. President Donald Trump announced Saturday that the U.S. military attacked three nuclear sites in Iran. In response, Iran vowed to retaliate. The developments led to stock selling to hedge risks on the Tokyo market Monday morning.

(2025/06/23-12:40)

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