GDP was reported to have risen 1.1% on an annualized basis, while the Nikkei Stock Average advanced for a fifth consecutive session. Attention is focusing on funds moving from AI-related semiconductor stocks into banks and domestic-demand stocks.
As the latest economic indicator, GDP was reported to have risen 1.1% on an annualized basis, while the Nikkei Stock Average continued to hold its gains and advanced for a fifth consecutive session. At the same time, reports indicated that funds in the equity market were moving from AI semiconductor-related stocks into banks and domestic-demand stocks.
As a result, institutional and individual investors are focusing not only on the performance of stocks with strong AI exposure, but also on financials and domestic-demand sectors. The article seeks to assess the market outlook against the backdrop of this concentration of funds.
Looking ahead, the focus is expected to be on the sustainability of GDP growth, the Nikkei's performance, and how long the shift in funds between sectors will continue. Investors are said to need to consider the recovery trend in the domestic economy together with interest rates and monetary policy developments.