In morning trading on the 8th, the Tokyo Stock Exchange saw the Nikkei Average rise ¥45 from the previous day as buying of AI-related stocks pushed up the market. SoftBank Group rose more than 7%, with its shares bought up to around ¥6,653.
In morning trading on the 8th, the Nikkei Stock Average stood at ¥66,445, up ¥45 from the previous day. It opened lower on the impact of the stronger yen, but the market quickly recovered as AI-related stocks attracted buying.
Artificial intelligence (AI)-related stocks supported the day's movement, while buying of semiconductor stocks is believed to have broadened buying across the market.
SoftBank Group (SBG) shares rose more than 7% in morning trading on the 8th, reaching around ¥6,653, with the stock's highest level in about two months coming into focus.
Market participants are watching whether the rise in AI stocks will continue, and attention is focused on developments ahead.