The Nikkei 225 closed back above ¥60,000 in the Tokyo market on the 10th, the first time in 3 trading sessions. The gain temporarily exceeded ¥1,900 as buying spread across semiconductor-related and AI-related stocks.
In the Tokyo stock market on the 10th, the Nikkei 225 ended at ¥60,459.58, up ¥1,684.08 from the previous day. The market rose sharply, with the gain temporarily exceeding ¥1,900. The Tokyo Stock Price Index (TOPIX) gained 75.55 points to 3,893.71.
Following the rise in the Dow Jones Industrial Average in the previous day's New York market, buying orders prevailed, particularly for AI-related and semiconductor-related stocks. Falling crude oil prices and easing tensions in the Middle East reduced inflation concerns and supported risk appetite.
Among AI-related stocks, SoftBank Group, Advantest and Tokyo Electron contributed to the rise in the Nikkei. Buying also spread across semiconductor-related stocks, and gainers were broad-based across the market.
The Nikkei's recovery above ¥60,000 on the day was its first in 3 trading sessions, and investors focused on developments in AI- and semiconductor-related stocks.