The Nikkei Average opened higher for a third straight session on the 13th, with buying led by AI and semiconductor-related stocks. It recovered to the ¥68,000 range at the open, and the gain widened further.
The Nikkei Average opened on the 13th at ¥68,033.17, up ¥509.11 from the previous day. It was on course for a third straight session of gains at the start of trading and recovered to the ¥68,000 range.
The gain subsequently widened to more than ¥1,000 after the open. Against a backdrop of gains in the NASDAQ Composite and the SOX Index, AI and semiconductor-related stocks were bought in the Tokyo market.
The yen-denominated settlement price for Chicago Nikkei futures was ¥68,510, up ¥850 from the 12th's Osaka Exchange settlement price.
In the foreign exchange market, the dollar/yen traded in the lower ¥159 range, while the euro/yen was in the mid-¥183 range.