The Nikkei 225 opened approximately ¥600 higher than the previous day and rose against a backdrop of gains in U.S. technology stocks. Buying in semiconductor-related stocks pushed the market higher.
In Tokyo trading on the 1st, the Nikkei 225 opened higher for a second straight session and traded in the ¥67,300 range. It held at a high level, approximately ¥600 above the previous day, as buying in semiconductor-related stocks, following gains in U.S. technology stocks, pushed the Nikkei higher.
On 30 September, the Nasdaq Composite, which has a high weighting of technology stocks, rebounded in the U.S. market. Buying in Alphabet, Apple and Nvidia was reported to have supported the index. In Tokyo trading on 1 October, Advantest and Tokyo Electron attracted buying and pushed the Nikkei 225 up by approximately ¥500. Kioxia also rose more than 4% at one point.
Micron Technology, a semiconductor memory manufacturer, reported results for June-August 2026 on the evening of 30 September. Revenue and profit increased by more than the market expected, which may have supported investor sentiment. Ibiden, Murata Manufacturing and Fast Retailing rose, while the Tokyo Stock Price Index fell back.
Among individual stocks, Chugai Pharmaceutical, Tokio Marine and KDDI declined. Ibiden, Murata Manufacturing and Fast Retailing stood out among the gainers.