At the TSE opening on the 9th, the Nikkei Average was up about ¥1,200 from the previous weekend's close, rising to around ¥58,600. Buying spread to AI and semiconductor stocks in Tokyo following gains in US technology stocks.
In the Tokyo stock market on the 9th, the Nikkei Average rose about ¥1,200 from the previous weekend's close to around ¥58,600. Buying led the way in AI-related and semiconductor stocks against a backdrop of gains in US technology stocks. The Nikkei Average is forming a rebound phase following its sharp decline last week. Attention will remain focused on the performance of AI-related stocks and a recovery in supply and demand. The TOPIX is also rebounding.
In the previous day's US stock market, the Dow continued to decline, while the Nasdaq rose 1.08% and the SOX rose 4.20%, extending the rebound in technology stocks. AI-related stocks temporarily declined amid concerns over AI regulation, but buying on renewed interest has emerged following the sharp declines on the 5th. A recovery in related demand is also expected in the domestic market.