The Nikkei 225 opened at ¥65,600.42, up ¥579.48 from the previous day. SoftBank Group, Tokyo Electron and other stocks attracted buying, supporting the market, particularly AI- and semiconductor-related shares.
The Nikkei 225 opened at ¥65,600.42, up ¥579.48 from the previous day, while the TOPIX rose 13.75 points to 4,116.98. With few positive catalysts in the US market, interest-rate trends and expectations for rate hikes were in focus, and buying led at times after the opening.
The intraday trend was mixed, with the market remaining weak throughout the day. The Dow was lower than the previous day and the Nasdaq was also slightly lower, while the SOX Index rose, leaving AI- and semiconductor-related stocks at the center of the market.
Among the stocks with the highest trading value in the TSE Prime Market, SoftBank Group, Tokyo Electron, Advantest, Taiyo Yuden, Ibiden, Fujikura, Mitsubishi Heavy Industries, Murata Manufacturing, Fast Retailing, IHI and Mitsubishi Corporation advanced.
By sector, nonferrous metals, marine transportation and machinery ranked among the top performers.