In Tokyo trading on the 1st, the Nikkei rose more than ¥2,200 to close at ¥68,956.72, as buying spread across AI and semiconductor-related stocks.
In Tokyo trading on 1 October, the Nikkei Stock Average rose sharply for a second consecutive day, closing at ¥68,956.72. The intraday gain exceeded ¥2,200, and buying orders spread mainly across AI and semiconductor-related stocks. The move was attributed to earnings announced by a major US semiconductor company that exceeded market expectations, which reportedly prompted broader investor buying.
In the foreign exchange market, the yen weakened and the dollar strengthened to the ¥158 range, with some observers saying this provided a tailwind for export-related stocks. Market participants continue to monitor the day's developments.
Meanwhile, US long-term interest rates remain high, and vigilance over the Middle East situation continues. These factors are viewed as potentially contributing to market instability going forward.