On the 28th, the Nikkei Average rebounded in the Tokyo stock market, rising ¥273.58 from the previous day to ¥66,405.56. AI and semiconductor-related stocks were bought, driving the index up more than ¥700 at one point, but gains stalled after the buying ran its course.
Against the backdrop of gains in U.S. stocks the previous day, AI and semiconductor-related stocks were bought in the Tokyo market, and the Nikkei Average rose more than ¥700 at one point. The closing price was ¥66,405.56, up ¥273.58 from the previous day.
Estimated trading volume was 2.17795 billion shares and estimated trading value was ¥8.1223 trillion. While buying continued across the market, investors increasingly adopted a wait-and-see stance toward the afternoon session, and price movements became somewhat calmer. By issue, buying spread to software-related stocks, while a number of stocks saw their gains stall after the initial buying ran its course.