Tokyo stocks extended their winning streak to four sessions on gains in U.S. tech stocks, with the Nikkei Stock Average opening the morning session sharply higher.
The Nikkei Stock Average closed the morning session at ¥61,714.16, up ¥465.57 from the previous day, while the Tokyo Stock Price Index (TOPIX) rose 28.83 points to 3958.22, with both extending their gains for a fourth straight session. Japanese stocks followed gains in U.S. tech stocks, supported by strong earnings from data-center-related companies. The Nikkei briefly widened its early-morning gains before the opening, but some profit-taking selling emerged in the afternoon session, making the market unstable.
Chemicals, metal products, fisheries, agriculture and forestry, and foods rose among the sectors, while services and transportation equipment declined. The Standard TOP20 edged lower, while Growth 250 and Growth Core both fell. The Nikkei opened at ¥61,475.11, up ¥226.52 from the previous day.