The Nikkei 225 extended its gains sharply on the 7th, closing at ¥66,399. Buying spread across AI-related stocks, and SoftBank Group rallied sharply for the second straight day.
The Nikkei 225 extended its gains sharply in Tokyo trading on the 7th, closing at ¥66,399.84, up ¥1,378.90 from the previous day. Buying was strongest in AI-related stocks in the morning, helping the Nikkei 225 recover to the ¥66,000 range. Gains widened during the morning before the index encountered some resistance in the afternoon session, but its sharp advance remained intact.
Trading value on the TSE Prime Market was approximately ¥8.030 trillion. By sector, marine transportation, glass and ceramics, and electric appliances rose, while fishery, agriculture and forestry, pharmaceuticals, and banks declined. As AI-related stocks gained popularity, SoftBank Group rose 11.2%, recording a double-digit gain for the second straight day.
Among individual stocks, TIER IV plunged 16.1% following its previous price movements. SoftBank Group, meanwhile, maintained its sharp gains, while attention also focused on the performance of other AI-related stocks.
Market indicators, including the Nikkei 225, futures, TOPIX, and advance-decline figures, were generally firm. Trading volume was 2.03 billion shares and trading value was ¥8.03 trillion. Movements in the dollar-yen exchange rate and bond markets were also reported.