The Nikkei rebounded on 1 October, buoyed by gains in US technology stocks. Semiconductor-related stocks led the market, and gains in individual issues stood out.
In the Tokyo market on 1 October, the Nikkei Stock Average rose sharply from the previous day, closing at ¥68,956.72. Advantest and Tokyo Electron were among the largest contributors, substantially boosting the overall gain, while semiconductor-related stocks broadly attracted buying. Across the market, 108 stocks rose, 18 fell and 2 were unchanged.
Moves in US technology stocks and Micron Technology's earnings outlook were cited as factors supporting the Nikkei, with stocks making positive contributions dominating the list of top contributors. Meanwhile, some of the lower contributors, including insurance and banking stocks, showed notable moves. Trading volume on the TSE Prime Market decreased, while trading value also declined from the previous day.
In the Tokyo market, trading volume on the TSE Prime Market was reported at 2.649 billion shares and trading value at ¥8.722879 trillion. By sector, electrical equipment, precision instruments, nonferrous metals, information and communications, and metal products rose. Petroleum and coal products, banking, insurance, electric power and gas, and mining fell. Among individual stocks, PHC Holdings stood out with a 17.76% gain to ¥1,684, Lasertec with an 11.14% gain to ¥45,710, and Sakura Internet with a 10.50% gain to ¥4,000. Members, meanwhile, closed at ¥770, down 16.30%, Advance Create at ¥89, down 15.24%, and NIKKON Holdings at ¥4,459, down 12.69%.
A total of 15 stocks renewed their year-to-date highs, while 35 renewed their year-to-date lows. Overall, theme-driven stocks such as semiconductor issues showed strong performance and often contributed to the Nikkei's rise.