The Nikkei 225 gained more than ¥1,200 at one point in Tokyo stock market trading on the 18th. Buying of semiconductor stocks in the US market provided the backdrop, resulting in buying dominating the domestic market, while bank stocks came under selling pressure.
The Nikkei 225 rose sharply in Tokyo stock market trading on the 18th, gaining more than ¥1,200 at one point in afternoon trading. The market moved in line with the previous day's moves in the US market, and investors' appetite for buying strengthened further.
A sharp rise in semiconductor stocks helped lift the broader market, drawing investor funds into semiconductor-related issues. Bank stocks, by contrast, were sold relatively heavily, resulting in divergent moves among financial stocks as funds shifted between sectors.