The Nikkei average rebounded for the first time in 3 days on the Tokyo stock market on the 10th, rising ¥128.17 from the previous day to ¥65,270.95. AI and semiconductor-related shares were bought in the afternoon, sending the index higher on a closing-price basis.
In trading on the Tokyo stock market on the 10th, the Nikkei Stock Average (225 issues) stood at ¥65,270.95, up ¥128.17 from the previous day and rising for the first time in 3 days. During morning trading, it temporarily fell by nearly ¥1,000 amid rising crude oil futures prices and the previous day's decline in U.S. stocks.
The background included the impact of oil market conditions stemming from worsening conditions in the Middle East and rising long-term interest rates, while buying in bank and securities stocks supported the market. The market gradually reversed course from its morning decline.
In the afternoon, AI (artificial intelligence)-related and semiconductor-related shares were bought, pushing up the Nikkei average and leading the broader market higher. The Tokyo Stock Price Index (TOPIX) ended up 0.20% at 4,054.58 points.