In the Tokyo market on the 28th, buying driven by higher U.S. stocks and dividend-seeking demand is expected to support a further rise in the Nikkei average. The last day to trade with rights attached for interim dividends and shareholder benefits may also have an impact.
The Nikkei average is likely to rise for a second straight session in the Tokyo stock market on the 28th. Against the backdrop of gains in U.S. stocks over the previous weekend, buying in artificial intelligence and semiconductor-related stocks is expected to push the Nikkei average higher.
This week, the last trading day with rights attached for interim dividends and shareholder benefits at companies with fiscal years ending in March falls on the 28th. As a result, buying to secure shareholder rights is likely to come in, particularly from individual investors.
The article does not mention specific stock names, but identifies expectations for buying in U.S. stocks and AI and semiconductor-related stocks as factors supporting the market.