The Nikkei 225 rebounded in the Tokyo stock market on the morning of the 16th, with buying spreading to AI-related and semiconductor stocks after the declines through the previous day. A recovery in the U.S. market lifted the broader market, led by AI infrastructure-related stocks.
The Nikkei 225 rose ¥1,124.73 from the previous day to ¥65,550.68 in the Tokyo market on the morning of the 16th, while the TOPIX also rebounded. At one point, the Nikkei’s gain exceeded ¥1,200.
A recovery in the U.S. stock market supported investor sentiment, with a rebound in CoreWeave, an AI-focused cloud services provider, and easing concerns over the sustainability of AI investment. Buying spread mainly across AI- and semiconductor-related stocks.
Buybacks by short-term investors intensified in some AI- and semiconductor-related stocks, including Tokyo Electron, SoftBank Group and Ibiden, with reactionary buying after the previous day’s sharp decline particularly noticeable. The recovery in the South Korean market also attracted buying in semiconductor stocks.
Trading value on the TSE Prime Market at the midday close was ¥3.7512 trillion, and trading volume was about 1.04682 billion shares. Gaining stocks accounted for about 90% of the total, while decliners remained limited in number, and dip buying by individual investors spread.