The Nikkei Average extended its sharp gains, with SoftBank Group alone contributing approximately ¥400. This report highlights the index level and the contributions from rising constituents as of 11:30.
As of 11:30, the Nikkei Average stood at ¥60,475.78, up approximately ¥1,700 from the previous day. Reported volume was approximately 1.3 billion shares, and the Nikkei Average ended the morning session with sharp gains. Buying led the Tokyo market, particularly in semiconductor- and AI-related stocks, against the backdrop of a rebound in US equities.
SoftBank Group made the largest positive contribution to gains, pushing the Nikkei Average up by approximately ¥400 on its own. It was followed by Tokyo Electron, Advantest, Fast Retailing, Ibiden, TDK and Shin-Etsu Chemical, among others, with nonferrous metals and electrical equipment stocks contributing to the index's rise.
On the other hand, Kikkoman made the largest negative contribution, pushing the index down by approximately ¥39, followed by Ajinomoto, BayCurrent, ORIX and Toyota Motor. By sector, nonferrous metals, banking and electrical equipment rose, while other financing, foods and land transportation declined.