Japanese stocks were firm on the morning of the 14th, with buying emerging in some AI- and semiconductor-related names. Reports that US PPI rose less than expected were cited as market movements were reported.
The Japanese market was firm on the morning of the 14th, with the Tokyo Stock Price Index (TOPIX) rising for an eighth consecutive session. Market participants cited information that the US Producer Price Index had slowed more than expected.
Amid the market movements, buying emerged in some AI- and semiconductor-related stocks. No specific stock names were mentioned, and activity in the related sectors was reported.