The Nikkei 225 rose ¥43.87 from the previous day to ¥63,966.87 in the morning session on the 17th, extending its gains. TOPIX also rose, following gains in semiconductor stocks in the U.S. market. More than 80% of Prime Market issues advanced.
The Nikkei 225 stood at ¥63,966.87 in the morning session on the 17th, up ¥43.87 from the previous day, while TOPIX also extended its gains, rising 29.34 points to 4,091.06. The Nikkei 225 briefly reached ¥64,643.58 at the 9:00 a.m. opening.
In the broader market, semiconductor stocks initially led the market higher following gains in the SOX Index in the U.S. market, but their gains appeared to moderate as they came under pressure from profit-taking. The dollar-yen rate continued to trade in a narrow range around the mid-¥156 level.
Trading volume on the TSE Prime Market was 915.1 million shares, with a trading value of ¥3.6036 trillion. There were 1,247 advancers, 254 decliners and 53 unchanged issues.
By sector, 28 of the 33 sectors rose, with insurance, products, marine and air transportation, steel and precision instruments stocks performing firmly. Mining and oil and coal stocks, by contrast, declined.