Japanese markets advance, Nikkei surge 0.62%

Japanese markets advanced after a four-day plunge amid concerns that disruptions through the Strait of Hormuz may constrain energy supplies.

The Nikkei average surged 0.62 percent to 55,620.84, driven by expectations of a less-hawkish Bank of Japan. The broader Topix index settled 0.39 percent higher at 3,716.93.

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