The Nikkei 225 extended its gains on the Tokyo Stock Exchange on the 6th, closing at ¥70,683.98 and recovering to the ¥70,000 level for the first time in 3 months. Buying intensified in AI- and semiconductor-related stocks, including Advantest, following gains in U.S. technology stocks.
The Nikkei 225 extended its gains on the Tokyo Stock Exchange on the 6th, closing ¥737.12 higher than the previous day at ¥70,683.98. This was the first time in 3 months that it had recovered to the ¥70,000 level at the close.
Against the backdrop of the Nasdaq Composite Index reaching a record high, funds flowed into AI- and semiconductor-related stocks in the Japanese market, including Advantest and TDK. Advantest set another record high for the second consecutive day, taking its market capitalization above ¥30 trillion.
The Nikkei 225 was supported not only by developments in the U.S. market, but also by continued strength in bank stocks. Reports by Reuters focused market attention on expectations regarding the Bank of Japan's price outlook and financial conditions.
TOPIX also extended its gains. Trading value on the TSE Prime Market was approximately ¥730.48 billion, and trading volume was approximately 2.137 billion shares. There were 1,153 advancing issues, 349 declining issues and 50 unchanged issues.