The Nikkei Average in the Tokyo stock market held on to gains from the previous day, with advances in semiconductor stocks supporting the market. It closed at ¥66,399.84, up ¥1,378.90.
The Nikkei Average extended its gains in the Tokyo stock market, ending 2.12% higher than the previous day at ¥66,399.84. Semiconductor-related stocks remained firm, following gains in U.S. semiconductor stocks.
The Nikkei Average was at one point up more than ¥1,600 during the day, but gains then ran their course and trading settled into a narrow range. Activity across the broader market was supported by movements in semiconductor-related stocks.
The move reflected the trend in the Japanese market following gains in U.S. semiconductor stocks, with the main focus of the day on technology-related stocks, including semiconductor shares.