The Nikkei 225 opened ¥596 higher than the previous day. Buying led the market following gains in U.S. equities, with SoftBank Group and KOKUSAI among the advancing stocks.
The Nikkei 225 began trading on the 10th at ¥59,372.28, up ¥596.78 from the previous day. U.S. equities had risen sharply the previous day, supporting buying in the Tokyo market. The tech-heavy Nasdaq Composite rose sharply, while gains in the SOX Index also supported AI-related and semiconductor stocks.
Around the market open, the decline in crude oil futures provided some reassurance, while interest in strong-performing stocks continued amid a stream of domestic earnings announcements. At the same time, selling by investors waiting for a rebound following the Nikkei 225's rise the previous day was also seen, and market cues became somewhat limited after the initial buying subsided.
SoftBank Group and KOKUSAI ranked among the leaders by trading value on the TSE Prime market, and stocks in sectors including nonferrous metals, banking and machinery also rose. Orix, Ajinomoto and SoftBank were among the decliners. Before trading began, it was reported that RECEPTIONIST would list on the TSE Growth market.