Tokyo stocks opened the afternoon session still marginally higher. Extending the morning trend, AI and semiconductor-related shares were bought, and the Nikkei Stock Average moved around the ¥65,500 level.
The Nikkei Stock Average opened the afternoon session at ¥65,537.28, up ¥267.95 from the previous day, maintaining its marginally higher trend. AI and semiconductor-related shares were bought, and although the market lacked a clear direction, stocks held onto their gains.
At the morning close, based on closing prices on the Tokyo Stock Exchange Prime Market, the Nikkei was at ¥65,495.23, up ¥225.90 from the previous day, while TOPIX rose 13.28 points to 4,063.61. High-priced stocks were pushed higher against a backdrop of gains in U.S. technology stocks. At the same time, some investors were discouraged by higher oil prices, leaving the overall market direction unclear. Trading volume was 1,010.84 million shares, and turnover was ¥4.4827 trillion.
By sector, nonferrous metals, oil and coal products, and mining rose, while other products, retail, and marine transportation fell. The Standard TOP20 rebounded, while Growth 250 and Growth Core were firm.
At 10:10 a.m., the Nikkei was briefly up as much as ¥483, as buying spread across AI and semiconductor-related shares following gains in the U.S. SOX index. Furukawa Electric rose more than 12%, while Fujikura gained around 9%. At the opening, however, the Nikkei had started down ¥182.11 from the previous day at ¥65,087.22, before recovering toward the afternoon session.