The Nikkei Average rose again on the 14th, recovering to the ¥69,000 range for the first time in about one and a half months. It had risen approximately ¥2,700 over the 3 trading days through the 13th, as AI- and semiconductor-related stocks were bought following gains in major stock indexes in the US market on the 13th.
The Nikkei Average rose again on the 14th, recovering to the ¥69,000 range for the first time in about one month. Its gain over the 3 trading days through the 13th totaled more than ¥2,700.
The move was attributed to buying focused mainly on AI and semiconductor stocks following the trend in the US market on the 13th, with the intraday gain exceeding ¥1,200 at one point.
Market participants said that, as the Nikkei Average has risen sharply over a short period, profit-taking is likely to emerge more readily, and expressed the view that the index will move around ¥69,000 going forward.