The Nikkei Average rebounded sharply for the first time in 3 days, rising more than ¥748 before noon on the 21st, while the TOPIX also gained. Buying was broad-based, with about 70% of Prime-listed stocks advancing.
The Nikkei Stock Average before noon on the 21st stood at ¥64,823.55, up ¥748.13 from the previous day, marking a rebound for the first time in 3 days. The Tokyo Stock Price Index (TOPIX) also rose, gaining 43.99 points to 4,053.20, as buying interest strengthened across the market.
Movements in semiconductor and AI-related stocks that surged after earnings announcements in the U.S. helped lift the Japanese market. After-hours trading in Microsoft and SpaceX boosted investor sentiment and supported the Nikkei Average's gains.
Trading on the TSE Prime Market totaled 1,006.11 million shares, with trading value reaching ¥3.4323 trillion and about 70% of stocks advancing. By sector, 27 sectors rose and 6 declined, with buying dominant across the market overall.
Advancing stocks included nonferrous metals, banks, precision instruments, insurance, securities and real estate-related stocks. Decliners included retail and rubber products stocks. The yen remained slightly firmer, trading in the ¥158-per-dollar range.