The Nikkei 225 rose again in the Tokyo stock market on the morning of the 29th, closing the morning session up ¥177.09 from the previous day at ¥64,131.28. Buying spread to related stocks on positive news for AI-related stocks.
The Nikkei 225 rose for a second straight session in the Tokyo stock market on the morning of the 29th, closing the morning session up ¥177.09 from the previous day at ¥64,131.28. Trading value was approximately ¥4.475 trillion and trading volume was approximately 1.03046 billion shares, while the Nikkei 225's gain at one point exceeded ¥800 as the market rose.
Buying spread after Advantest announced upward revisions to its earnings forecasts, extending to AI-related stocks such as Ibiden and Sumitomo Electric. Gains in the Nasdaq Composite, which has a high weighting of technology stocks, and the SOX in the US stock market also supported semiconductor-related stocks.
However, selling emerged in AI-related stocks such as SoftBank Group and Tokyo Electron in the Japanese market following turmoil in the South Korean market after Samsung Electronics released its final figures, and the Nikkei 225 also fell slightly at one point. After Alphabet's earnings announcement, after-hours trading indicated that the company's free cash flow was expected to be negative, suggesting a cautious stance among investors.
As of the morning close, trading value on the TSE Prime Market was approximately ¥4.475 trillion, trading volume was approximately 1.03046 billion shares, 478 stocks had risen, 1024 had fallen and 47 were unchanged. TOPIX fell for a second straight session, closing the morning session at 3979.89.