The Nikkei average rebounded for the first time in 7 sessions at the morning close on the 16th, with the morning session ending up ¥1,124.73 at ¥65,550.68. Serverworks surged after opening with a gap up and raised its earnings forecast for the current fiscal year, driven by AI-related demand and the weaker yen. TWOST indicated a limit-up, outlining plans to increase operating profit by 89% for the fiscal year ending August 2027.
The Nikkei average rebounded for the first time in 7 sessions at the morning close on the 16th, ending the morning session up ¥1,124.73 from the previous day at ¥65,550.68.
Serverworks surged immediately after opening with a gap up. The article reported that AI-related demand and the weaker yen were providing tailwinds.
TWOST indicated a limit-up and outlined plans to increase operating profit by 89% for the fiscal year ending August 2027.