The Nikkei 225 temporarily recovered the ¥66,000 level in the Tokyo stock market on the morning of the 25th, with the gain exceeding ¥800. Buying in AI- and semiconductor-related stocks, driven by gains in US technology stocks, and rising long-term interest rates prompted buying centered on bank stocks.
The Nikkei 225 continued to rise in the Tokyo stock market on the morning of the 25th, temporarily recovering the ¥66,000 level. It was up more than ¥800 from the previous day, with the closing level as of 11 a.m. up ¥800.83 at ¥66,314.82, while TOPIX stood at 4,126.48, up 51.18 points.
Following the solid performance of technology stocks in the US market, buying in major Japanese semiconductor manufacturing equipment companies supported the market, with Tokyo Electron and Advantest among those attracting purchases.
Expectations for improved financial institution earnings grew against a backdrop of rising long-term interest rates, lifting financial stocks including banks and securities companies. Moves to secure interim dividend entitlements for companies with fiscal years ending in March also made it easier for buying to emerge.
Based on market levels and stock movements as of 11 a.m., trends in AI-related and semiconductor-related stocks, together with movements in financial stocks, appeared to have determined the market's overall direction.