The Nikkei started the afternoon session up more than ¥900 from the previous day, rising to around ¥64,168.98. Stocks including Kioxia Holdings and MARUWA were bought and ranked among the market's top stocks by trading value.
At the afternoon open, the Nikkei began sharply higher at ¥64,168.98, up ¥900.61 from the previous day, extending its gains. Buying was stronger than in the morning session, and Nikkei 225 futures remained firm within a range.
Dollar-yen was trading around ¥157.90-¥158.00. In Asian markets, the Shanghai Composite remained in positive territory, while the Hang Seng Index was lower but was believed to have solid downside support. The rise in South Korea's KOSPI was cited as a possible support factor for the Japanese market.
Among the stocks with the highest trading value, Kioxia Holdings, MARUWA, Taiyo Yuden, Ibiden, Renesas, SUMCO, KOKUSAI, Murata Manufacturing, JX Advanced Metals and SoftBank Group rose. Meanwhile, Capcom, Canon, Bandai Namco Holdings, Tokio Marine, JT, Nintendo, Itochu, Sony Group, NEC and Mitsubishi Corp. fell.
By sector, glass and stone products, electrical equipment and nonferrous metals were among the top gainers, while insurance, foods and oil and coal products were among the leading decliners.