The Nikkei Average rose sharply from the previous day on the 5th, closing at ¥69,946.86. It opened around ¥69,114 and rose to ¥70,072 during the day before giving up some ground late in the session, although it still closed ¥47 higher.
The Nikkei Average rose sharply on the 5th. It closed at ¥69,946.86, up ¥1,637.40 from the previous day, as buying continued against the backdrop of gains in US stocks.
The index opened at ¥69,114, up ¥805 from the previous close, and temporarily broke above the ¥70,000 milestone during the day, rising as high as ¥70,072 before ending the morning session at ¥70,054.
The afternoon session opened at ¥69,949, followed by a retreat to the ¥69,600 range at one point, but buying again prevailed late in the session and the index closed at ¥69,928. The 10-year government bond yield remained around 3.10%.
By sector, electrical equipment, retail and information and communications led the gains. Among large-cap stocks, Renesas Electronics, TDK, Disco, Tokyo Electron and Advantest were firm. Kioxia Holdings traded somewhat weakly.