At the afternoon open on the TSE market on the 28th, the Nikkei extended its gains, rising at one point to approximately ¥1,000 above the previous day's close. The KOSPI also rose following quarterly results from South Korean semiconductor giant SK Hynix, providing a boost to the Nikkei.
The Nikkei extended its gains at the afternoon open, recovering to the ¥64,300 range. Near-term trading for gains is in focus against the backdrop of buying by overseas short-term investors.
South Korean semiconductor memory giant SK Hynix announced its quarterly results, and its shares rose 10%. The KOSPI also widened its gains, prompting a corresponding rise in Japanese stocks.
Tokyo Electron, SoftBank Group and Kioxia rose further into the afternoon, while Capcom and Sony Group weakened. Buying of AI-related stocks was at the center of the market.
An off-auction basket trade worth approximately ¥21.6 billion was executed on the TSE after the morning close. As of 12:45 p.m., trading value on the TSE Prime Market was approximately ¥4.3723 trillion and trading volume had reached approximately 1.224 million shares.