In the Tokyo market on 14 August, the Nikkei Stock Average rose ¥405 from the previous day for a fourth straight session of gains, while TOPIX rose for an eighth straight session and headed for another record high. Buying in AI-related stocks was reportedly driven by expectations for OpenAI growth, with Advantest and Panasonic Holdings hitting new highs.
In the Tokyo market on 14 August, the Nikkei Stock Average rose ¥405 from the previous day, marking a fourth consecutive session of gains. The Nikkei remained firm, while TOPIX also rose for an eighth straight session and continued to move toward another record high.
Expectations for growth in the generative AI market were seen as a catalyst for broad-based buying, with buying observed in AI-related stocks. Particular attention focused on AI semiconductor-related stocks.
Among individual stocks, Advantest and Panasonic Holdings were reported to have hit new highs.