In Tokyo trading on the morning of the 28th, the Nikkei Average briefly recovered to the ¥64,000 level. Against the backdrop of gains in U.S. high-tech stocks, buying spread mainly across AI-related and semiconductor stocks.
In Tokyo trading on the morning of the 28th, the Nikkei Average extended its gains and briefly recovered to ¥64,000. It rose sharply from the previous day's close, with buying intensifying in related names against the backdrop of gains in U.S. high-tech stocks.
As of 10 a.m., the Nikkei Average was ¥783.61 higher than the previous day's close at ¥64,051.98, while the TOPIX was up 12.79 points at 4,010.16.
Factors cited included strong earnings announcements from U.S. semiconductor companies. Concerns about the growth prospects of AI-related businesses eased, and gains in AI-related and semiconductor stocks pushed the market higher.