Around the middle of the afternoon session on the 28th, the Nikkei Average returned to a level approximately ¥700 higher than the previous day as the rally paused. It had temporarily risen by more than ¥1,000 immediately after the afternoon session opened, but selling by investors waiting for a rebound capped further gains. Buying in AI-related stocks supported the market, while a wait-and-see stance also spread ahead of earnings announcements by major Japanese companies.
Around the middle of the afternoon session on the 28th, the Nikkei Average returned to a level approximately ¥700 higher than the previous day, and the rally paused. It had temporarily risen by more than ¥1,000 immediately after the afternoon session opened.
Buying by overseas short-term investors in AI-related stocks, including semiconductor stocks, pushed up the market, while investors appear to be adopting an increasingly wait-and-see stance ahead of earnings announcements by major Japanese companies.
As of 14:00, trading value on the TSE Prime Market was an estimated ¥5.4324 trillion, and trading volume was 1.48666 billion shares.
Advantest, Tokyo Electron, SoftBank Group and Kioxia were among the stocks that rose, while Konami Group, Nitto Denko, Bandai Namco Holdings and Fast Retailing were among those that fell.