Tokyo stocks staged a sharp rebound on gains in U.S. technology shares. The Nikkei 225 reached ¥63,381.29 by the morning, up approximately ¥1,191 from the previous day, while the TOPIX also remained firm.
Tokyo stocks were sharply higher shortly before the morning close, with the Nikkei 225 up ¥1,191.64 from the previous day at ¥63,381.29. Buying in AI and semiconductor-related stocks led the advance, and the Nikkei rose more than ¥1,300 at one point.
The Tokyo Stock Price Index (TOPIX) rose 23.19 points to 3,996.17, with nearly half of all listed stocks gaining. Selling emerged in defensive domestic-demand stocks. Trading volume was 987.67 million shares, and trading value was ¥3.4242 trillion.
By sector, nonferrous metals, electric appliances and glass rose, while real estate, pharmaceuticals and land transportation declined. Standard TOP20 and Growth stocks also remained at high levels.
At 9:54 a.m., the Nikkei's gain widened, with buying in AI and semiconductor-related stocks driving the broader market. The index opened higher, rebounding to ¥62,569.08, up ¥379.43 from the previous day, as buying spread to some AI and semiconductor-related stocks.