Buying spread across the Nikkei 225 after the open today, the 30th, with gains at one point exceeding ¥1,000 and the index recovering to the ¥66,000 range. Tokyo-market semiconductor stocks are being bought following gains in AI and semiconductor-related stocks in the U.S. market, although some say it is difficult to be optimistic given views on the BOJ's pace of rate hikes.
Today, the 30th, buying spread across the Nikkei 225 as investors responded to the previous week's decline, and gains continued after the open, temporarily exceeding ¥1,000. The index recovered to the ¥66,000 range after trading began. Gains exceeded ¥1,000 at one point.
AI and semiconductor-related stocks rose in the U.S. market on the 29th, prompting buying in Tokyo, particularly in semiconductor-related stocks. The decline in crude oil futures prices is also supporting share prices.
However, market participants said it is difficult to be optimistic amid expectations that the BOJ will accelerate the pace of rate hikes, and that developments ahead need to be monitored carefully.
This report is based on coverage by ANN, an affiliate of TV Asahi. It is intended to report current price movements and market factors, not to encourage investment decisions.