The Nikkei 225 briefly recovered to the ¥67,000 range in the morning but slipped moderately on profit-taking selling. The close was ¥66,333.53, while the TOPIX edged higher, leaving the market direction mixed.
In Tokyo equities at the start of the week, the Nikkei 225 moved unevenly and briefly recovered to the ¥67,000 range during the morning session, but profit-taking selling prevailed, leaving it modestly lower at the close. The Nikkei 225 closed at ¥66,333.53, down slightly from the previous day, while the TOPIX finished at 4,135.38, up 6.79 points.
The Nikkei 225 opened ¥141.74 higher than the previous Friday at ¥66,505.94, supported by gains in some semiconductor-related stocks. At 10:17 a.m., it rose as high as ¥67,034.74, moving above ¥67,000 for the first time since 18 August.
Tokyo stocks initially benefited from positive news on AI and semiconductor-related stocks in the US market, but concerns about short-term overheating emerged after the market had risen approximately ¥3,000 over the previous 5 trading days, with resistance at higher levels noted.
The 28th was the final trading day with rights to the interim dividend for companies whose fiscal year ends in March, and buying aimed at securing dividends provided support. Overall market trading volume was high. By sector, insurance, banks and machinery rose, while metal products, pharmaceuticals and mining fell.