In the Tokyo stock market on the 10th, the Nikkei 225 recovered to ¥60,000 for the first time in 3 days, closing at ¥60,459.58. Buying centered on AI- and semiconductor-related stocks pushed up the market.
In the Tokyo stock market on the 10th, the Nikkei 225 closed at ¥60,459.58, up ¥1,684.08 from the previous day, recovering to ¥60,000 for the first time in 3 trading sessions. Following gains in US stocks, buying centered on AI- and semiconductor-related stocks in the Tokyo market, pushing up the Nikkei. Nikkei futures saw intermittent buying believed to have come from overseas short-term investors.
SoftBank Group, Advantest and Tokyo Electron were bought, contributing to the rise in the Nikkei. SoftBank Group rose approximately 13% on a closing-price basis, adding approximately 380 points to the Nikkei. Strategist Taiki Takei pointed to a decline in excessive concern about the outlook for AI demand.
The Tokyo Stock Price Index (TOPIX) also extended its gains, closing at 3,893.71, up 75.55 points from the previous day. Trading value on the TSE Prime market was approximately ¥9.1555 trillion, trading volume was 3.02634 billion shares, 1,203 stocks rose, 328 fell and 20 were unchanged.
The day's gains were supported by rises in Fast Retailing, TDK and Ibiden. Kikkoman, Toyota and Orix, on the other hand, declined.