The Nikkei 225 extended gains at the Tokyo market's opening on the morning of the 25th, rising approximately ¥300 from the previous day to the low ¥65,800s. Buying in some AI- and semiconductor-related stocks lifted the market, with gains exceeding ¥400 at one point.
The Nikkei 225 was up approximately ¥300 from the previous day at the morning-session opening on the 25th, extending gains in the Tokyo market as buying in some AI- and semiconductor-related stocks provided support. After opening, it traded in the low ¥65,800s, with positions in some stocks lifting the market. Gains exceeded ¥400 at one point.
Against the backdrop of developments in the US market, the Dow Jones Industrial Average has fallen for a third consecutive session, while long-term interest rates continue to rise. Despite the influence of the US market, dividend-seeking buying to secure dividend rights is supporting the Japanese market.
Among individual stocks, Fast Retailing, Recruit and Komatsu rose, while Fanuc, TDK and Shin-Etsu Chemical fell. Movements in some stocks are both supporting the broader market and driving gains.
With the last trading day with entitlement to interim dividends approaching on the 28th, there is speculation that investors are buying to secure dividend rights at companies with fiscal years ending in March.