The Nikkei Average was up ¥826 and trading near the session high as of 2:50 p.m. Tokyo Electron, Advantest and IBIDEN were the top positive contributors, while SoftBank Group, Chugai Pharmaceutical and KDDI were negative contributors. Investors are watching for the release of US durable goods orders and the University of Michigan Consumer Sentiment Index.
The Nikkei Average was up ¥826 as of 2:50 p.m., with Tokyo Electron, Advantest and IBIDEN among the top contributors. SoftBank Group, Chugai Pharmaceutical and KDDI, among others, were negative contributors. By sector, banking, securities and commodities futures, other financing business, electrical appliances, and precision instruments were the top gainers, while information and communications and construction were among the decliners.
The Nikkei Average was trading near the session high. During US hours, the final readings for August durable goods orders and the September University of Michigan Consumer Sentiment Index are scheduled for release, drawing increased investor attention.
Among individual stocks, Tokyo Electron was at ¥56,330, up ¥2,410 from the previous day; Advantest was at ¥33,810, up ¥750; and IBIDEN was at ¥23,435, up ¥1,030. SoftBank Group was at ¥6,159, down ¥193, while Chugai Pharmaceutical was at ¥6,601, down ¥49.