On Wednesday, Japan's stock markets surged, with the Nikkei 225 index climbing 5.39% and the Topix index rising 3.32%, both achieving over one-month highs. This rally was spurred by a ceasefire agreement among the US, Iran, and Israel, which aims to halt hostilities for two weeks and facilitate negotiations to resolve the ongoing conflict. The agreement includes a pause in planned US military strikes and a temporary reopening of the Strait of Hormuz, addressing fears of energy supply disruptions. In response to the improved global sentiment, technology stocks led the charge, with notable gains from companies such as Kioxia Holdings, Advantest, and SoftBank Group. Other sectors, including power companies, banks, and automakers, also experienced broad-based buying, reflecting a return of investor confidence in the market.