The Nikkei 225 extended its gains in Tokyo trading on the 28th, ending at ¥63,954.19, up ¥685.82 from the previous day. Funds are thought to have flowed into AI-related stocks against a backdrop of gains in US semiconductor stocks and the KOSPI.
The Nikkei 225 closed at ¥63,954.19 on the 28th, up ¥685.82 from the previous day, extending its gains. A substantial rise was recorded on a closing-price basis.
In addition to gains in US semiconductor stocks, an advance in the Korea Composite Stock Price Index (KOSPI) provided support for the market, prompting buying by some short-term investors amid stronger risk appetite. The Nikkei 225 at times rose by more than ¥1,000.
This article is based on information from Nikkei QUICK News (NQN), with movements in semiconductor and AI-related stocks drawing investor attention as relevant background.