The Nikkei Average was up ¥1,858, and trading remained subdued near the day’s highs, while firm Dow futures spread reassurance across the Tokyo market. Top positive contributors to the Nikkei included Advantest, Fast Retailing and Tokyo Electron, while SoftBank Group, KDDI and Mitsui Fudosan were among the top negative contributors.
The Nikkei Average was up ¥1,858 as of 13:50, and trading remained subdued near the day’s highs. Dow futures were firm in after-hours trading, prompting speculation that reassurance was spreading across the Tokyo market.
Advantest, Fast Retailing and Tokyo Electron were among the top contributors to the Nikkei Average, each making a significant positive contribution. Meanwhile, SoftBank Group, KDDI and Mitsui Fudosan were the top negative contributors.
By sector, nonferrous metals, banks, oil and coal products, other products and machinery recorded the largest gains, while food products and marine transportation declined.
In the United States, some market participants held off on aggressive buying as they wanted to assess developments in AI regulation. Market movements depending on future developments will be watched.