This week, 57 stocks hit new all-time highs since listing, with buying led mainly by AI- and IT-related stocks. Major names included Soliton Systems, Shinden Hightex and Kaga Electronics.
The Nikkei 225 rose ¥1,345 from the previous weekend to 66,364 this week, extending its gains sharply as buying remained strong, particularly in AI- and semiconductor-related stocks. As the broader market advanced, the number of stocks hitting new all-time highs since listing reached 57. These stocks have broken above previous resistance levels and are attracting attention as so-called stocks with no overhead resistance.
Major stocks hitting new all-time highs since listing included Soliton Systems, which specializes in IT security; Shinden Hightex, which has emerged as an SK hynix-related stock; Kaga Electronics, which raised its full-year earnings and dividend forecasts; and Awa Bank, which revised its full-year earnings and year-end dividend forecasts upward. These stocks trade in their respective market segments, with their issue names and current prices shown together.
A total of 34 stocks were listed as having continued to hit new all-time highs since listing from the previous week, and the stocks were also organized by industry. Stocks hitting new all-time highs since listing were distributed across a range of sectors, including IT and information and communications, wholesale, and banking.
* This article covers stocks that had gone public by January 2024 and are listed on the Tokyo Stock Exchange Prime, Standard or Growth markets.
The list of stocks hitting new all-time highs since listing included Soliton, Shinden Hightex and Kaga Electronics, as well as Awa Bank, Sumitomo Bakelite and Duskin.