Japanese stocks are expected to extend their gains on the 28th, underpinned by renewed buying interest in AI-related stocks. With earnings from South Korean semiconductor giant SK hynix due, attention will be on the performance of related stocks.
The Nikkei Average is expected to extend its gains on the 28th. Buying interest in AI-related stocks has picked up again in the U.S. market, prompting expectations that gains in technology stocks will continue. Falling oil prices are also likely to support the market.
South Korean major memory-chip maker SK hynix is scheduled to announce its earnings results in the morning. If the company emphasizes its outlook for demand, this could provide a tailwind for related Japanese stocks. The market's reaction is likely to vary depending on subsequent developments.
Advantest is scheduled to announce its earnings results after the market close, while in the U.S., the FOMC decision and earnings reports from Microsoft and Alphabet, among others, are also due. If investors adopt a more wait-and-see stance, this could limit gains in the index.