Buying spread across the Tokyo market, led by AI-related stocks. The Nikkei ended its fourth consecutive advance, while the TOPIX set a new record high for the second consecutive day. Lower crude oil prices also supported the market, and trading became more active.
Against the backdrop of strong performance in U.S. stocks the previous day, the Tokyo market saw the Nikkei rise for the fourth consecutive trading day, closing higher than the previous day. The TOPIX rose 21.16 points from the previous day to 4,197.20, setting a new record high for the second consecutive day.
In terms of individual stocks, 72% rose and 26% fell, with buying prevailing across a broad range of issues. Gains in AI-related and semiconductor-related stocks were particularly supportive of the market.
By sector, Other Products, Marine Transportation, and Information & Communication advanced, while declines were spread across Securities & Commodity Futures, Services, and Pharmaceuticals. Trading was active, with volume at 2,449.22 million shares and trading value at ¥10,315.6 billion.
The Growth Market also advanced, with the Growth Core and Growth 250 trading higher on buying. Falling crude oil prices were also cited as a factor supporting the market.