In the Tokyo stock market on the 10th, the Nikkei Average stood at ¥60,475.78, up approximately ¥1,700 from the previous day, as lower oil prices prompted broad-based buying. AI-related stocks stood out for their gains in the US market, and buying spread to the Tokyo market.
Through noon on the 10th, the Nikkei Average traded at ¥60,475.78 in morning trading, up ¥1,700.28 from the previous day. Falling crude oil prices improved investor sentiment, and the Nikkei Average temporarily returned to the ¥60,000 level.
AI-related stocks stood out for their gains in the US market, prompting buying in Tokyo as well, particularly in semiconductor-related stocks, and pushing up the Nikkei Average. However, some pointed out that concerns remained over large debt burdens and regulatory developments involving AI-related companies.