The Nikkei Average closed at ¥63,954, up ¥685 from the previous day, as AI- and semiconductor-related stocks were bought. Related shares rose particularly on the back of SK hynix's strong results, and Kioxia also extended its sharp advance.
The Nikkei Average closed at ¥63,954, up ¥685. According to a Nikkei CNBC roundup, buying spread mainly across AI and semiconductor stocks, with a breaking report saying the broader market gained stronger direction.
SK hynix reported strong results, with net profit for July–September three times the year-earlier level. Rising prices for high-performance memory reportedly contributed to sales, supporting moves in stocks across the sector.
Matsui Securities rose 4%, with reports saying expectations for earnings growth increased against the backdrop of reports of an investment by Japan Post Bank.
Advantest raised its net profit forecast for the fiscal year ending March 2027 and announced a policy of setting the ceiling for its share buyback at ¥280 billion. Hitachi also raised its net profit forecast for the same period. These developments were cited as factors supporting buying in the market.