SoftBank Group Corp shares surged more than 12% on Monday. This jump spearheaded a significant rally across Asian technology stocks.
Investors reacted to a peace agreement between the United States and Iran. The deal aims to resolve long-standing tensions in the Middle East.
SoftBank shares in Japan climbed 10.31%. The company became the top-performing major tech stock in Asia as the development shifted capital back into high-growth equities.