At the morning close, the Nikkei 225 had rebounded, rising more than ¥550 from the previous day. Gains in AI-related stocks, following the lead of U.S. markets, pushed the indices higher, while the TOPIX also rose.
At the morning close, the Nikkei 225 had rebounded, rising ¥550.90 from the previous day to ¥66,682.88. Following the lead of U.S. markets, some AI-related stocks, including semiconductor manufacturing equipment makers, were bought. Buying in lagging stocks on the back of strong earnings also supported the stock indices. The TOPIX rose 35.16 points to 4,152.38.
In the domestic market, trading volume reached 850.77 million shares and trading value reached ¥3.3898 trillion. By sector, price indices for Other Products, Services and Electric Appliances rose, while declines were seen in Electric Power & Gas, Rubber Products and Construction. The Standard TOP20 and Growth stocks both extended their gains.
At 10:11 a.m., the Nikkei 225 temporarily widened its gain to more than ¥400. After opening down ¥27.49 from the previous day, it recovered to a slight gain. Buying in AI-related stocks, against the backdrop of gains in U.S. equities, pushed the indices higher, while some observers noted that oil prices remained elevated amid uncertainty over the situation in the Middle East.