The Nikkei Average rebounded in Tokyo trading on the morning of the 9th, ending the morning session at ¥65,495.23, up ¥225.90 from the previous day. Buying of AI-related stocks led the market against the backdrop of gains in U.S. semiconductor stocks. The index was briefly up more than ¥500 during the morning session.
The Nikkei Stock Average rebounded in Tokyo trading on the morning of the 9th, ending the morning session at ¥65,495.23, while TOPIX closed the morning session at 4063.61. Buying spread mainly among high-priced stocks following gains in U.S. semiconductor stocks.
The Nikkei Average briefly fell from the previous day’s level immediately after the open, but buying gained the upper hand on the strength of U.S. semiconductor stocks, and its gain temporarily exceeded ¥500 before 10 a.m. Later, heightened tensions in the Middle East and movements in crude oil prices influenced the market.
Among individual stocks, SoftBank Group stood out with a gain, while Fujikura, Ibiden and Bandai Namco Holdings also rose. Advantest and Tokyo Electron, meanwhile, were at times lower again.
As of 10 a.m., trading value on the TSE Prime Market was approximately ¥2.8892 trillion, and trading volume was approximately 659.85 million shares. A pause in the yen’s advance against the dollar in the foreign exchange market also supported the market.