The Nikkei average rose approximately ¥2,203 from the previous day, climbing to around ¥68,995.30 during afternoon trading. AI-related and semiconductor shares were firm, supported by strong earnings from US chipmaker Micron and other factors.
The Nikkei Stock Average rose sharply for a second straight session, gaining ¥2,203.00 from the previous day to ¥68,956.72. A gain of more than ¥2,000 from the previous day was seen for the first time in about two months. The TOPIX also extended its gains, rising 23.33 points to 4,131.98. At 3:24 p.m., the Nikkei had expanded its gain to ¥68,995.30.
Trading volume on the Tokyo Stock Exchange Prime Market was 2.64961 billion shares, and trading value was ¥8.7228 trillion. There were 750 advancers, 747 decliners and 53 unchanged issues. Of the 33 sectors, 11 rose and 22 fell, with gains led by electric appliances and precision instruments.
Among the gainers were Advantest, Tokyo Electron, HOYA, Seiko Group and Mitsui Mining & Smelting. Machinery and chemical stocks, including DISCO, SMC, Resonac and Shin-Etsu Chemical, were also firm. In contrast, shares of Idemitsu Kosan, ENEOS, Mitsubishi UFJ, Sumitomo Mitsui, Dai-ichi Life Group and Tokio Marine were weak.
In summary, electric-appliance stocks such as Advantest and Tokyo Electron, along with information and communications stocks such as Mercari and SoftBank Group, supported the market. AI-related and semiconductor-related stocks were at the center of market activity.