The Nikkei average was up ¥177 at the morning close, extending its advance. Key points from the morning session include individual stock movements, contributions and the impact of the TOPIX rebalancing.
The Nikkei average extended its advance at the morning close, trading ¥177 higher. Although the market lacked clear direction at times after the opening, it ultimately secured a gain.
Denso, Kioxia, Hitachi and NEC were among the stocks that stood out, and movements in individual stocks affected the broader market.
Market attention also focused on developments involving Samsung, whose semiconductor segment is considered to have operating profit at a high level relative to peers, as well as share-price movements following earnings announcements. The South Korea Composite Index has reportedly been lower.
The new TOPIX rebalancing is expected to be implemented at the close, with Kioxia expected to attract just under ¥1 trillion in buying. Trading activity is expected to increase as a result.
Newly added stocks in the morning session included McDonald's and Oncolys in positive territory, and Okinawa Cellular and Ferrotec in negative territory, attracting investor attention.