In the Tokyo market on the 6th, the Nikkei average stood at 76,883.98, up 737.12 from the previous day, recovering to the 70,000 range for the first time in about 3 months. Semiconductor-related stocks led the gains, and TOPIX also rose.
In the Tokyo stock market on the 6th, the Nikkei average stood at 76,883.98, up 737.12 from the previous day, recovering to the 70,000 range for the first time in about 3 months. At one point during trading hours, it moved above 70,000.
Buying spread across semiconductor-related stocks, with stocks such as Advantest also gaining, pushing the closing level higher. There was also speculation that buying had led from the opening of the Nikkei average.
Approximately 70% of stocks on the TSE Prime Market rose, supporting buying appetite across the market. Expectations for stronger corporate earnings ahead of the full-scale start of interim earnings announcements from late this month pushed share prices higher.
TOPIX rose 38.34 points to 4,183.56, complementing the Nikkei average's gains. Buying flowed mainly into semiconductor-related stocks, contributing to the market-wide advance.