The Nikkei Average extended its gains sharply on the morning of the 10th, trading around ¥66,224, up approximately ¥1,449 from the previous day. TOPIX also rose approximately 87 points to around 3,905.
The Nikkei Average rose sharply in the Tokyo stock market on the morning of the 10th. Buying led from the opening, and the morning-session high reached around ¥66,194.5 as the index extended its gains.
The Nikkei's rise, driven by favorable conditions in the U.S. market and a rebound in semiconductor stocks, broadened buying centered on major stocks. Gains were maintained toward the close of the morning session, showing strength even though the advance did not reach double-digit percentages during the day.
By sector, 29 of the 33 sectors rose, with financial stocks leading the market, including a gain of more than 4% for banks. Wholesale, nonferrous metals, electrical equipment and machinery also rose more than 3%.
Among individual stocks, SoftBank Group surged, while Nippon Carbide indicated limit-up conditions, reflecting active moves in individual names. On the other hand, istyle, Kikkoman and AZ-Maruwa Holdings declined. The dollar was trading in the lower half of the ¥158 range against the yen.