Stock index futures were reported to have moved closer to the daily 200-day moving average in midday trading, as buying of Advantest and other stocks led the market. Movements in related stocks were also reported.
In midday trading in stock index futures, buying led the market as selling pressure eased in stocks including Advantest, with the market reported to be moving closer to the 200-day moving average among the major moving averages. Although specific figures and times are limited, the market tone suggests a modest rebound.
Advantest's share price was ¥30,980.0, up ¥995.00 from the previous day, or about 3.31%. Tokyo Electron's share price was ¥9,481.0, up ¥177.00, or about 1.90%.
Following these developments, the futures market appeared to be testing levels near the 200-day moving average into midday.