The Nikkei 225 rebounded in Tokyo trading on the 27th for the first time in 4 sessions, ending at ¥63,268.37, up ¥1,078.72 from the previous day. Buying returned to AI- and semiconductor-related stocks in line with gains in U.S. technology stocks, but gains were capped ahead of this week’s earnings announcements and monetary policy meetings.
The Nikkei 225 rebounded in Tokyo trading on the 27th for the first time in 4 sessions, ending at ¥63,268.37, up ¥1,078.72 from the previous trading day. Buying returned to AI- and semiconductor-related stocks following gains in technology stocks in the previous U.S. session. However, with earnings announcements from major U.S. cloud-service providers and monetary policy meetings in Japan, the U.S. and Europe scheduled throughout the week, the market struggled to move higher in the afternoon.
The Nikkei 225 opened at ¥62,569.08, up ¥379.43, and briefly narrowed its gains shortly after the open. Buying in semiconductor-related stocks resurfaced, expanding the advance, and the index rose as much as ¥1,495.04 to ¥63,684.69 during the morning. It consolidated near the highs in the afternoon and pared part of its gains toward the close.
TOPIX rose 24.39 points to 3,997.37, while the Prime Market Index gained 12.69 points to 2,060.10. Prime Market trading value was ¥6.93608 trillion, with trading volume at 2.24473 billion shares. Of the 33 sectors, nonferrous metals, electrical equipment and banks rose, while real estate, pharmaceuticals and land transportation declined.
Among individual stocks, Shin-Etsu Polymer and Waseda Academy were bought, while Giftee was sold after announcing a special loss related to unauthorized access. During the adjustment in AI-related stocks, attention was also required on the performance of domestic-demand stocks such as retail and food. In emerging markets, the TSE Growth 250 continued to rise, supporting the market’s overall firmness.