In mid-afternoon trading on the Tokyo market on the 5th, the Nikkei 225 struggled to extend its gains, trading about ¥1,400 above the previous Friday's close. Buying in semiconductor-related stocks supported the market, while Kioxia turned lower.
In mid-afternoon trading on the 5th, the Nikkei 225, the Tokyo Stock Exchange's leading market gauge, remained broadly higher but struggled to extend its gains, trading in the low ¥69,700s, about ¥1,400 above the previous Friday's close. Buying in semiconductor-related stocks supported the market, while profit-taking emerged at elevated levels. A strategist at a domestic investment trust said expectations for further earnings growth among AI- and semiconductor-related stocks remained strong, but suggested that gains could be capped when the index moves above ¥70,000.
In afternoon trading, trading value on the TSE Prime Market was reported at approximately ¥5.1061 trillion as of 14:00, with trading volume at approximately 1.34939 billion shares. By stock, TDK, Kyocera and Ibiden opened higher, while Fujikura, Nomura Research Institute and Daikin traded lower.