The Nikkei 225 opened the afternoon session sharply higher than the previous day, supported by gains in high-tech stocks. Moves in AI-related and semiconductor-related stocks pushed the Nikkei 225 toward its highs.
The Nikkei 225 opened the afternoon session sharply higher than the previous day, at ¥68,757.00. Continued gains in high-tech stocks provided support, and the Nikkei 225 is holding near its highs.
At the morning close, the Nikkei 225 had risen ¥1,085.86 from the previous day to ¥68,609.92, marking a sharp advance for a second consecutive session. Gains in AI-related stocks, including semiconductor stocks, pushed the Nikkei 225 higher, while TOPIX also rose. Trading was active, with volume in the 1.1 billion-share range and trading value above ¥4 trillion.
In the 10 a.m. hour, the Nikkei 225 at one stage rose nearly ¥1,300, while TOPIX gained more than 40 points. Gains in semiconductor and electronic-components stocks continued, and buying led the overall market, although caution over profit-taking was also spreading.
The market opened ¥509.11 higher than the previous day at ¥68,033.17, with buying leading the way. The Nikkei 225 then extended its gains further, at one point rising more than ¥1,200.