The Nikkei 225 rose ¥1,085.86 from the previous day to ¥68,609.92 in the morning session on the 13th, extending its advance sharply for a third straight session. TOPIX also rose 19.77 points to 4158.77, extending its advance to 7 straight sessions and renewing its intraday record high. Buying led by semiconductor-related stocks got under way against a backdrop of gains in U.S. equities.
The Nikkei 225 rose ¥1,085.86 from the previous day to ¥68,609.92 in the morning session, extending its advance sharply for a third straight session. It briefly reached ¥68,799.71 during trading, recovering the ¥68,000 level. TOPIX rose 19.77 points to 4158.77, extending its advance to 7 straight sessions and renewing its intraday record high.
Buying led by semiconductor-related stocks got under way against a backdrop of gains in the Nasdaq Composite and SOX indexes in the U.S. market. After rising further at 9:21 a.m., the market was at times pressured by selling from investors waiting for a rebound.
By sector, 13 of the 33 sectors rose, 20 fell and the remainder were unchanged. Gainers included electrical equipment stocks such as Advantest, Tokyo Electron and SOL, as well as metal products stocks such as SUMCO and NHK Spring. Glass and ceramics products and nonferrous metals stocks were also firm. Rubber products and insurance stocks, meanwhile, declined.
Market-wide trading volume on the TSE Prime Market was 1.12059 billion shares, with trading value of ¥4.8467 trillion. There were 769 advancing issues, 744 declining issues and 42 unchanged issues, with advances and declines nearly evenly matched.