Tokyo stocks remained firm. Gains in high-priced technology stocks pushed up the Nikkei 225, and some market participants expected limited selling pressure to continue.
The Nikkei 225 was up more than ¥500 at one point as of 1:59 p.m. and remained generally firm. Gains in some high-priced technology stocks provided support for the market. While some market participants said selling pressure was limited, others said a wait-and-see mood was likely to continue overall.
In the afternoon, the morning market tone continued, with gains spreading across the Prime Market and the Nikkei 225 rising at times. As of 1:45 p.m., trading value was ¥3.3221 trillion and trading volume was 875.28 million shares, both below the previous day's levels.
At the afternoon opening, the Nikkei 225 started at 66,200.15, up ¥343.72 from the previous day. Despite movements in crude oil prices and U.S. interest rates, gains spread broadly and the firm market tone was maintained.
At the morning close, the Nikkei 225 had ended at 66,227.55, up ¥371.12 from the previous day, while the TOPIX remained at a high level. Some AI-related stocks turned negative during the middle of the morning session, but the market was generally firm.