The Nikkei rebounded at the opening of the Tokyo market on the 13th, trading about ¥700 above the previous day's close and briefly rising more than ¥900. Buying by overseas investors in futures was cited as the reason.
The Nikkei average began higher at the opening of the Tokyo Stock Exchange on the 13th and was trading in the lower ¥61,500 range. The gain reached about ¥700, with the index briefly rising more than ¥900.
US markets fell after the resignation of NVIDIA's CEO was announced, but buying of futures by overseas short-term investors supported the Japanese market, and buying aimed at a technical rebound spread.
The Tokyo Stock Exchange Price Index (TOPIX) extended its gains. Buying led AI and semiconductor-related stocks with a high contribution to the Nikkei, while Terumo and KDDI fell. Automakers Toyota, Honda and Suzuki remained sluggish.
Among individual stocks, Fujikura, IBIDEN and Kioxia were bought, while the market also focused on Advantest, SBG and other stocks driving the Nikkei higher.