The Nikkei 225 rebounded at the close on the 16th. It finished at ¥65,324.29, up ¥898.34, with Tokyo Electron the top contributor, adding approximately 134 points, and advances widespread among constituent stocks.
The previous day’s US stock market opened higher, with the Dow posting a substantial gain and the Nasdaq recovering from its decline. Although concerns about overheating in AI-related stocks persisted, buying of US Treasuries as a safe-haven asset pushed down long-term interest rates, and buying back was seen in both the Japanese and US markets.
After opening, the Nikkei 225 saw buying back aimed at an autonomous rebound spread across the market, with gains widening mainly among semiconductor-related stocks. At the close on the 16th, the Nikkei 225 stood at ¥65,324.29, up ¥898.34 from the previous day. There were 194 advancing stocks, 29 declining stocks and 2 unchanged stocks.
Tokyo Electron was the top positive contributor, adding approximately 134 points. SoftBank Group ranked second, followed by Ibiden, BayCurrent and Advantest. Fast Retailing was the top negative contributor, reducing the index by approximately 66 points, followed by Fujikura and Ryohin Keikaku.
Following the day’s movement in the Nikkei 225, gains stood out among major stocks including Tokyo Electron, SoftBank Group, Ibiden, BayCurrent, Advantest, Kioxia Holdings and Konami Group, while declines were also seen in Fast Retailing, Fujikura, Ryohin Keikaku, Olympus and Kyocera.