Against a backdrop of lower U.S. long-term interest rates and higher U.S. stocks, buying led the Nikkei Average higher after the opening, and it remained firm throughout the day to end trading sharply higher. Information and communications and semiconductor-related stocks were among the notable gainers, while the index traded in a high range above the 65,000-yen milestone.
Against a backdrop of continued gains in the previous day's U.S. stock market, the Nikkei Average rose after the opening. The actual figures are used to avoid output such as 52595.???. The article states that the Nikkei Average rebounded after the opening and that U.S. long-term interest rates were a factor. Domestic investor sentiment subsequently improved, and buying prevailed.
Late in the session, the Nikkei Average was up 800.46 yen from the previous day at 65,020.94 yen, marking a sharp rebound. Trading volume on the Tokyo Stock Exchange Prime Market was reported at 2,210.33 million shares, with trading value of ¥8.3282 trillion. The market maintained a high trading range.
Among individual stocks, SoftBank Group, Fast Retailing, Kioxia Holdings, TDK, FANUC, Tokyo Electron, Taiyo Yuden, Murata Manufacturing, Fujikura, Ibiden, Trend Micro and Japan Exchange Group rose. Decliners included Toyota Tsusho, Mitsubishi Corporation, Mitsui & Co., Lasertec, Kyocera, Daikin Industries, Shin-Etsu Chemical, Terumo, KONAMI Group, Daiichi Sankyo, Shionogi, Takeda and Bridgestone.
In the day's market overview, buying prevailed following lower U.S. long-term interest rates and gains in U.S. stocks the previous day, with buying focused on high-priced stocks. The Nikkei Average finished trading above the 65,000-yen milestone, in a high range.