AI-related stocks were bought on expectations for US Meta's consumer AI agent Muse, while companies providing reservation services saw their share prices sold off. The Nikkei Average closed at ¥65,513, with the strength of AI stocks contrasting with the performance of reservation-related shares.
In the Tokyo stock market on the 24th, the Nikkei Average ended at ¥65,513, up ¥495 from the previous day. Buying of AI- and semiconductor-related stocks regained momentum, reportedly against a backdrop of expectations for Meta's Muse.
Meanwhile, companies providing reservations for restaurants and other establishments saw their share prices sold on concerns that AI could replace their services, highlighting the divergence between the rise in AI-related stocks and the performance of reservation-related shares.
In the US market, the Nasdaq Composite moved to a record high during the holiday period, prompting speculation that trading trends in AI-related stocks had an impact.