AI and semiconductor-related stocks drove the Japanese market this week, sending the Nikkei 225 sharply higher. There is growing support for the view that explanations from U.S. companies about their AI investments helped dispel concerns.
The Japanese stock market advanced sharply this week, despite the short trading week of just 4 days from 8 to 14 August. The Nikkei 225 rose by approximately ¥3,100 from the previous weekend to around ¥68,713, while the TOPIX also updated its record high.
AI-related and semiconductor stocks led the market. Some observers said that overheated positions, cited as a factor behind July's market correction, as well as external factors such as higher interest rates, rising oil prices and China-related risks, were viewed as temporary correction factors. The article also highlighted the view that explanations of expanded AI investment in the United States eased investors' concerns.
Against the backdrop of the strength of AI-related stocks, the articles conveyed the view that signs of expanding demand are emerging in the Japanese market as well. Several analyses said that AI and semiconductor-related stocks remain the main drivers of the market, while the investment appeal of the AI theme is being reassessed.
Kabutan's popular features also ranked among the most-read, with feature articles on breaking and follow-up earnings reports, lists of companies posting higher revenue and profit, undervalued stocks and high-dividend stocks continuing to attract attention. Premium articles also covered explanations of investment methods based on the actual experiences of retail investors.