At the morning open in the Tokyo market on the 5th, the Nikkei recovered to the ¥69,700 range. It was more than ¥1,400 higher than at the end of the previous week, reaching its highest level in about 1.5 months.
The Nikkei Stock Average opened higher at the morning open in the Tokyo stock market on the 5th and was trading more than ¥1,400 above its level at the end of the previous week. It was the first time in about 1.5 months that it had exceeded the ¥69,000 mark.
Risk appetite stemming from developments in the US market spread to Japanese stocks, with buying led by semiconductor-related issues. The retreat in expectations for an early additional rate hike by the Federal Reserve following the US employment data released on the 2nd is believed to have supported gains in US stocks.
The Dow Jones Industrial Average rose about $250 from the previous day, while the SOX Index gained more than 2%. Major Japanese stocks including Advantest, Tokyo Electron and SoftBank Group also rose, and the TOPIX rebounded.
Recruit, BayCurrent and Lasertec, among others, declined. Against the backdrop of broader market movements, individual stocks continued to attract attention.