Today's Nikkei Average and USD/JPY: Morning-session gain exceeds ¥1,200, yen weakens to near ¥158, buying in semiconductor stocks — Written by

The story

The Nikkei Average started ¥457 higher than the previous day at the open, then temporarily widened its gain to more than ¥1,200.

The move was reportedly driven by gains in U.S. technology and semiconductor stocks during the 5-day holiday.

The market was supported by buying in semiconductor stocks, while USD/JPY temporarily climbed to near ¥158 as the yen weakened.

At a glance

Nikkei openingOpened ¥457 higher than the previous day

GainTemporarily widened to more than ¥1,200

Dollar-yenYen weakened, with USD/JPY temporarily approaching ¥158

BackgroundU.S. technology and semiconductor stocks rose during the 5-day holiday

Theme-stock trendsBuying concentrated in semiconductor stocks

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