Japanese stocks started afternoon trading with the Nikkei Average at ¥68,757.00, up ¥1,232.94 from the previous day. Daytime futures held firm in a ¥68,550-68,780 range, while TOPPAN Holdings and Taiyo Yuden were among the stocks ranking highest by trading value.
The Nikkei Average began afternoon trading at ¥68,757.00, up ¥1,232.94 from the previous day and extending its gain from the morning session close of ¥68,609.92. Nikkei 225 futures traded in a ¥68,550-68,780 range during the lunch break.
USD/JPY remained at around ¥159.40-50 per dollar as the yen weakened and the dollar strengthened. In Asian markets, the Shanghai Composite rose approximately 0.4% on firm trading, while Hong Kong's Hang Seng Index remained near the previous day's close. By sector, electrical equipment, glass and ceramics products, and fabricated metal products rose, while rubber products, insurance, and transportation equipment recorded the largest declines.
TOPPAN, Taiyo Yuden, Murata Manufacturing, Kioxia Holdings, Ibiden, KOKUSAI, SUMCO, Lasertec, Disco, and Advantest were among the stocks ranking highest by trading value. Meanwhile, Tokio Marine, FANUC, Nintendo, Sony Group, Resonac, Nippon Steel, Toyota, Daikin, Fast Retailing, and SMC were down.
The strong extended advance in South Korea's KOSPI was seen as a supportive factor for the Tokyo market. At the same time, the Nikkei Average appeared cautious about chasing further gains following its previous advances.