The Nikkei Stock Average extended its gains in the Tokyo stock market on the morning of the 11th, closing the morning session at ¥60,942.48, up ¥482.90 from the previous day. Post-US midterm-election supply-demand conditions and movements in domestic-demand and financial stocks provided support.
The Nikkei Stock Average extended its gains in the Tokyo stock market on the morning of the 11th, closing the morning session at ¥60,942.48, up ¥482.90 (0.80%) from the previous day. SoftBank Group's decline weighed on the market at times early in the session, but buying gradually spread and the gain widened to nearly ¥800.
Buying driven by expectations of improved supply-demand conditions, strong earnings from domestic-demand stocks, and early buying of undervalued stocks such as banks, securities companies and trading companies supported the market. Buying also spread to semiconductor stocks such as Advantest and Tokyo Electron, while progress in reducing outstanding margin-buying balances provided underlying support for the market.
In post-US midterm-election trading in semiconductor-related stocks, AI-related stocks came under selling pressure at times. However, buying of stock index futures by overseas short-term investors, tracking gains in the KOSPI, strengthened, and the Nikkei's gain widened again at times. As of the morning close, TOPIX was slightly higher, while the JPX Prime 150 Index also traded higher.
SBG announced a loss for its April-September 2026 results, citing losses related to US AI data centers and lower investment gains. Selling spread at times early in the session, but after the initial selling subsided, the decline narrowed and downward pressure on the market eased.