The Nikkei 225 rebounded for the first time in 3 trading sessions in the Tokyo stock market on the 30th, closing at ¥66,753.72, up ¥1,272.45 from the previous day. Buying spread across semiconductor-related stocks from the morning following gains in US semiconductor stocks, and the index also turned higher for the month.
In the Tokyo stock market on the 30th, the Nikkei Stock Average closed at ¥66,753.72, up ¥1,272.45 from the previous day, for its first rebound in 3 trading sessions. Buying of overseas index futures intensified toward the close, and the index was temporarily up more than ¥1,400 in the afternoon session.
Following a rise of slightly more than 1% in the SOX index in the previous day's US market, buying led gains in semiconductor-related stocks in both Japan and the US. Gains in semiconductor-related names such as Tokyo Electron and Advantest lifted the market, while bank stocks also saw buybacks.
SoftBank Group and Fast Retailing, which have a large impact on the Nikkei's index performance, rose further. The market tested higher levels while absorbing selling by institutional investors adjusting their positions ahead of month-end. The TOPIX also rebounded for the first time in 3 trading sessions, closing at 4108.65, while the JPX-Nikkei Index 150 closed at 1726.87.
TAIYO YUDEN rose sharply after announcing a basic agreement with TDK on the joint development of next-generation electronic components. TDK also gained, while Murata Manufacturing came under selling pressure on concerns over intensifying competition. For September, the Nikkei 225 rose 0.66%, marking gains for the second consecutive month.
facts_count_notable_moves_paragraphs_omit_note":0
sources:[{"outlet":"Nihon Keizai Shimbun","stance":"primary","note_ja":""}]
facts:[{"k":"Nikkei 225 close","v":"¥66,753.72, up ¥1,272.45 from the previous day"},{"k":"TOPIX","v":"4108.65, up 67.52 points from the previous day"},{"k":"Monthly trend","v":"The Nikkei 225 rose 0.66% in September"},{"k":"Semiconductor trend","v":"Buying led gains in semiconductor-related stocks in the morning on the rise in the SOX index"}]