The Nikkei Average posted a modest rebound in the morning session. Buying back AI-related stocks supported the market, keeping the Nikkei higher, while the TOPIX edged lower.
The Nikkei Average ended the morning session up 0.61% from the previous day at ¥68,193.13, with buying back AI and semiconductor-related stocks supporting the market. The TOPIX edged lower.
The Nikkei Average opened the morning session up 0.24% and widened its gains toward the latter part of the session. It briefly rose as much as 0.74% in the afternoon, advancing more than ¥492, but after buying ran its course, it moved sideways around the ¥68,100 level.
Trading based on earnings announcements became active among individual stocks. イオン fell sharply after announcing its earnings, while performance varied across sectors including financials and airlines.
Across the market, investors continued to remain on the sidelines ahead of the US CPI, and the Nikkei Average repeatedly moved higher and lower. On the TSE Prime market, 602 stocks rose, 903 fell and 46 were unchanged.
By the end of the morning session, 16 sectors including nonferrous metals, chemicals and electrical equipment had risen, while 16 sectors including banks, securities and air transport had fallen. Overall, price movements remained limited.