The Nikkei 225 started the 28th opening session up more than ¥470, with buying of AI and semiconductor-related stocks continuing. Following gains in AI and semiconductor stocks in the US market, buying spread to related stocks in the Tokyo market as well.
The Nikkei 225 started the 28th at ¥603,738.98, up ¥470.61 from the previous day, and its gain widened thereafter. In the previous day's US market, buying of AI (artificial intelligence) and semiconductor-related stocks continued, and the NY Dow, Nasdaq Composite and SOX all rose.
In the Tokyo market, buying targeted AI- and semiconductor-related stocks including Fujikura, Advantest and Taiyo Yuden. The yen-denominated settlement price for the December Nikkei 225 futures contract in Chicago was ¥64,410, up ¥910 from the Osaka Exchange settlement price.
As of 9:00 a.m., the dollar was trading in the upper ¥157 range and the euro in the upper ¥175 range.