The Nikkei Average extended its gains sharply on the 29th, with the index boosted after Advantest announced an upward revision to its full-year earnings forecast and a share buyback. Although gains stalled after the open, buying spread again in the afternoon, and the closing level was ¥64,659.47, up ¥705.28 from the previous day.
U.S. stocks extended their gains the previous day, with the three major indexes rising after the FOMC decided to leave interest rates unchanged. Against this backdrop, the Nikkei Average opened on the 29th at ¥64,126.25, up ¥172.06.
Among individual stocks, Advantest rose after announcing an upward revision to its earnings forecast and a share buyback. Its intraday gain briefly exceeded ¥800, but the advance later stalled amid declines in South Korean stocks and weakness in domestic machinery and electrical stocks.
At the close, the Nikkei Average ended trading at ¥64,659.47, up ¥705.28 from the previous day. Trading volume on the TSE Prime Market was 4,148.01 million shares, and trading value was ¥13.8657 trillion. By sector, nonferrous metals, banks, and securities rose notably, while machinery, electrical equipment, and textiles fell.
Among individual stocks, Advantest, Tokyo Electron, SoftBank Group, Ibiden, and Fast Retailing rose. Fanuc, Hitachi, Komatsu, TDK, and Nintendo fell.
Across the market, buying spread mainly among major semiconductor-related stocks, and in the afternoon the gains broadened again across a wide range of stocks.