The Nikkei Average rebounded at the opening of the morning session on the 14th, with buying led by AI and semiconductor-related stocks. The gain at one point widened to more than ¥200 after the opening, but the market subsequently showed signs of struggling to extend its gains.
At the opening of the morning session on the 14th, the Nikkei Average was about ¥180 higher than the previous day, trading around ¥67,950. Buying was led by expectations of a self-sustaining rebound.
The Nikkei Average's gain exceeded ¥200 immediately after the opening, but the market subsequently showed signs of struggling to extend its gains. While buying continued, particularly in semiconductor-related stocks, there was also a sense that the momentum among buyers was limited.
In US equity markets, semiconductor-related stocks remained uncertain, with selling continuing in major semiconductor memory maker Micron Technology. Crude oil prices in New York also remained elevated, weighing on investor sentiment.
Ibiden, Fujikura, Tokyo Electron, and Kioxia traded firmly, while Fast Retailing, Terumo, and Otsuka Holdings declined. Olympus fell sharply after receiving a warning letter from the FDA.