In Tokyo trading on the 28th, the Nikkei average rose ¥685.82 from the previous day to ¥63,954.19. Buying spread mainly across AI-related stocks.
The Nikkei average closed at ¥63,954.19 in Tokyo trading on the 28th, up ¥685.82 from the previous day, marking a second consecutive session of gains. Following buying of AI-related stocks in the US market, AI and semiconductor-related shares also drove the Japanese market. Food and insurance stocks fell, and about 70% of stocks on the TSE Prime Market declined.
The Tokyo Stock Price Index (TOPIX) fell 5.66 points from the previous day to 3,991.71. Buying of AI-related stocks spread to stocks with a large contribution to the Nikkei average, affecting the overall market's direction.
Regarding the performance of individual stocks in response to market movements and the market's future course, this article lists only the facts stated in the text because of the need for timely reporting. Further developments may attract attention.