In Tokyo trading on the 12th, the Nikkei 225 rose 0.8% to ¥67,524, while TOPIX hit a record high. Buying interest spread beyond AI and semiconductor-related stocks to “survivor stocks,” with investors focusing on the potential gains for companies that remain after competitors withdraw.
The Nikkei 225 rose 0.8% from the previous day to ¥67,524 in Tokyo trading on the 12th, as buying broadened across the market.
TOPIX hit a record high that day, and buying spread to stocks beyond AI and semiconductor-related names.
The focus has been on “survivor stocks” that continue operating and remain in business as rival companies continue to withdraw.
These survivor stocks are seen as potentially delivering excess returns relative to the broader indices.