The Nikkei rose for the first time in 4 business days on the Tokyo stock market on the 16th, closing at ¥63,923, up ¥438.90 from the previous day. A broad range of stocks rose, led by AI- and semiconductor-related issues.
The Nikkei Stock Average (225 issues) rose ¥438.90 from the previous day to close exactly at ¥63,923 on the Tokyo stock market on the 16th, marking its first gain in 4 business days. Just under 70% of TSE Prime-listed stocks rose.
Buying broadened across the market, centered on AI- and semiconductor-related stocks, in a rebound from the previous 3 days of declines. The range of stocks involved was broad. However, rising crude oil futures prices and elevated long-term interest rates weighed on the market, and the Nikkei briefly turned lower.
The Tokyo Stock Price Index (TOPIX) rose 24.56 points to 4,061.72.