Japanese stocks started the 27th with buying leading the way, and the market is expected to focus on whether semiconductor and AI-related stocks are forming a bottom. IPO developments in the U.S. market are being viewed as a market factor, with attention turning to potential autonomous rebounds, particularly among semiconductor and AI-related stocks.
The Nikkei market opened on the 27th with buying leading the way, after which the market is expected to focus on whether semiconductor and AI-related stocks are forming a bottom. The Dow rose by about $146 and the Nasdaq by about 214 points in the U.S. market. Funds are likely to flow into related stocks against reports that Anthropic had released a prospectus for an IPO.
The Nikkei Average has a strong correlation with the Chicago Nikkei 225 futures. After reaching the low ¥63,200 range in the night session, it was also seen moving up toward around ¥63,300. The index is expected to trade within the Bollinger Band range, although moves are likely to reflect expectations of a rebound from the decline at the end of the previous week.
Advantest, Tokyo Electron, Kioxia Holdings, and SoftBank Group are among the stocks attracting attention, with the focus on whether buying aimed at an autonomous rebound will emerge. However, semiconductor- and AI-related stocks are still viewed as facing resistance on the upside, and there is also speculation that selling by investors waiting for a recovery is likely to become more evident after the initial buying subsides.
Koei Tecmo, Intrust, Waseda Academy, Suzumo Machinery, Shin-Etsu Polymer, and Shimizu Bank, among others, are also expected to attract market attention as companies that have finished reporting their earnings. The view that funds are likely to flow into information leakage prevention-related stocks also remains in place.