The Nikkei 225 rose ¥465.57 from the previous day to ¥61,714.16 in morning trading on the 12th, extending its winning streak to 4 sessions. The TOPIX also rose 28.83 points to 3,958.22, with buying leading from the opening, but fell temporarily after Nvidia plunged in after-hours trading before renewed buying lifted the market, which ended the morning near its high.
Moves in technology stocks in the U.S. market, which benefited from earnings reports from AI-focused cloud companies, encouraged buying in Japan, and the Nikkei rose from the opening. The index traded near its high toward the end of the morning session, and trading was active.
The Nikkei rose as high as ¥61,788.44 at one point around 11 a.m., but its gains narrowed temporarily after Nvidia shares plunged in after-hours trading. Buying momentum returned thereafter, and the index continued to trade near its high. The dollar was around ¥159.74, with no significant movement.
Trading volume on the TSE Prime Market was approximately 1.15644 billion shares, and trading value was approximately ¥4.231 trillion. By sector, 28 of the 33 sectors rose and 5 fell. Gainers included chemicals, fabricated metal products, precision instruments, and electric power and gas, while declines were pronounced in services and related stocks.
Among individual stocks, Teika, Resonac Holdings, ITmedia, Daiwabo Holdings, and DOWA Holdings rose. Lawyer.com, Dexerials, Matsuda Sangyo, and Rakuten Bank fell.