Around mid-morning on the 30th, the Nikkei 225 struggled to rise on the TSE Prime, trading in the upper 66,000s. Nitto Denko and Murata Manufacturing were lower, while AI and semiconductor-related stocks were broadly higher.
Around mid-morning on the 30th in the Tokyo stock market, the Nikkei 225 was trading in the upper 66,000s after being around ¥700 higher than the previous day, at one point gaining more than ¥1,000. In line with the movement of South Korea's Korea Composite Stock Price Index (KOSPI), buying momentum in Japanese stocks slowed. AI and semiconductor-related stocks were broadly higher.
Ahead of the end of the first half of the fiscal year, some market participants have pointed to the possibility of position-adjustment selling by domestic institutional investors. Nitto Denko and Murata Manufacturing fell against the broader market's advance.
As of 10 a.m., trading value on the TSE Prime was estimated at ¥2.0187 trillion, while trading volume was 574.6 million shares. Across the market as a whole, buying momentum appeared to be slowing.
By stock, SoftBank Group, Advantest, Tokyo Electron and Fujikura showed firm price movements, while Recruit Holdings, Ibiden and Konami Group were lower.