The Nikkei 225 rose more than ¥843 at one point on favorable Advantest earnings, but subsequently stalled as Samsung Electronics fell after its earnings announcement.
In the Tokyo stock market on the morning of the 29th, the Nikkei 225 edged higher and ended the morning session at ¥64,131.28. Advantest's strong earnings lifted the index, while a decline in Samsung Electronics after its earnings announcement dampened investor sentiment and limited the gain.
Buying led the market immediately after the open, and the Nikkei 225 rose as much as ¥843.14 at one point. It subsequently faced resistance from developments at Samsung and movements in Nasdaq futures. Among individual stocks, semiconductor-related shares stood out on the upside, with stocks including Advantest generally firm.
Market participants broadly viewed the FOMC outcome as uneventful, and some said concerns over data center investment had eased. Views were mixed regarding funding by U.S. hyperscalers and the performance of AI-related stocks.
The focus will now turn to whether an AI-led market can lead to increased trading value and a broader range of stocks attracting investor interest. In overseas markets, developments at Samsung Electronics and Amazon's earnings could affect the direction of the Japanese market.