The Nikkei Average started the afternoon session at ¥65,421.10, up ¥995.15 from the previous day. Daisue Construction and TERRASKY are among the advancers, according to the afternoon-session opening overview.
The Nikkei Average opened the afternoon session at ¥65,421.10, up ¥995.15 from the previous day. The intraday futures range was in the ¥65,300 to ¥65,800 range, while dollar-yen traded at around ¥157.80-90 per dollar.
By sector, Other Products, Electrical Equipment and Precision Instruments were among the top gainers. While concerns remain about the sustainability of AI-related investment, lower US long-term yields have been cited as a factor supporting share prices.
On the TSE Prime Market, Daisue Construction, TERRASKY, Takara Holdings, BayCurrent and SHIFT were among the gainers. HIOKI E.E. Corporation, SBS Holdings and Lifenet Insurance were among the decliners.
Buying aimed at a technical rebound following the previous day's gains in US equities was mixed with selling by investors waiting for a recovery. The afternoon session started with selling slightly ahead of buying compared with the morning close, while currency movements are likely to weigh on export-related stocks.