The Nikkei opened at ¥69,954.61, up ¥7.75 from the previous day. Recruit Holdings and Tokio Marine Holdings were bought against the backdrop of firm U.S. equity markets.
The Nikkei started at ¥69,954.61, up ¥7.75, and remained firm after U.S. stocks continued to rise the previous day. The Dow remained near its highs, while the Nasdaq also advanced. Although there were periods when rising interest rates weighed on sentiment, market-supportive movements continued overall.
Trading was mixed at the open in the domestic market, but sentiment improved against the backdrop of gains in U.S. markets. Uncertainty over the situation in the Middle East persisted, while calmer movements in crude oil futures also helped reassure investors. The Nikkei rose above the previous day's high, prompting expectations of further gains.
By sector, services, insurance, securities and commodities futures, mining, and iron and steel ranked among the top gainers, while electric power and gas, chemicals, glass and ceramics products, machinery, and oil and coal products ranked among the top decliners. Among Nikkei constituents, Recruit Holdings and Tokio Marine Holdings rose, while Resonac and other decliners were also seen.