Against the backdrop of rising US technology stocks, a succession of stocks hit new all-time highs this week. Note 5243, Advantest 6857 and Happinet 7552 set new highs, with 72 stocks involved overall.
The Nikkei 225 rose sharply from the previous weekend this week, lifting the broader market as some AI- and semiconductor-related stocks attracted buying. Stocks that reached new all-time highs faced little historical resistance, creating a market phase in which share prices were viewed as having no ceiling.
The main stocks setting new highs included Note 5243, Advantest 6857, Happinet 7552, Procrea Holdings 7384 and Suruga Bank 8358. These stocks reached new all-time highs, while 44 other companies also continued to set new highs following the previous week.
The coverage includes IPO stocks as of January 2024, and stocks across a wide range of industries, including electrical equipment and wholesale trade, reached new highs. Several companies not listed here also continued to set new highs throughout the week.