The Nikkei Stock Average was up more than ¥600 at one point, as buying of semiconductor-related stocks continued. Gains continued after the afternoon session opened, with Advantest reaching a high.
Buying of semiconductor-related stocks continued throughout the day in the Tokyo stock market. Even as uncertainty over the situation in the Middle East remained in focus, buying of semiconductor stocks supported the market, and the Nikkei Stock Average rose by more than ¥600 at one point.
At the start of afternoon trading, the Nikkei Stock Average remained higher, while the TOPIX also turned positive at one point. The morning session closed at ¥68,193.13, up ¥415.61 from the previous day, and a rebound in semiconductor stocks continued to support the market.
Among individual stocks, Advantest stood at ¥41,090, up ¥690, as buying back of semiconductor-related stocks continued to lift the broader market. At the opening of the afternoon session, the Nikkei Stock Average also started higher at ¥68,319.55.