The Nikkei Average maintained its gains into the close despite struggling to advance in afternoon trading, finishing ¥784 higher at ¥68,308. TOPIX hit a record high for the second straight day.
The Tokyo market opened with the Nikkei Average up ¥509 at ¥68,033, and reached an intraday high of ¥68,799, up ¥1,275, at 9:21 a.m. Gains subsequently stalled, and the index stood ¥1,085 higher at ¥68,609 at the morning close. It rose again in afternoon trading, ultimately finishing ¥784 higher at ¥68,308 for its third consecutive gain. TOPIX rose 37 points to 4,176 points, hitting a record high for the second straight day, while the TSE Growth Market 250 fell for the first time in 4 trading days.
By stock, TOPPAN Holdings temporarily rose 14.2% to ¥5,618, FANUC fell 3.2% to ¥6,505, KOKUSAI ELECTRIC rose 4.1% to ¥9,015, Tokio Marine Holdings fell 1.7% to ¥7,622, and Bengo4.com hit the limit-up level at ¥3,150, extending its gains sharply. Moves driven or restrained by earnings announcements shaped the market.
VIEW POINT identifies the US producer price index (PPI) and AMAT's earnings announcement as key points to watch from tomorrow onward. Attention is expected to focus on whether PPI trends can be viewed as a sign of easing inflation.