Komatsu shares rose 6% on the Tokyo Stock Exchange on the 25th, amid a US-based securities firm raising its investment rating to the “highest level.” The Nikkei Average maintained its gains, with buying in AI- and semiconductor-related stocks and other shares pushing the market higher.
The Nikkei Average rose for a fifth consecutive day on the Tokyo Stock Exchange on the 25th, closing ¥850.21, or 1.30%, higher than the previous day at ¥66,364.20. AI- and semiconductor-related stocks pushed the market higher, while gains in financial stocks also stood out.
Against this backdrop, Komatsu Ltd. shares rose 6%, with a US-based securities firm’s upgrade of its investment rating on the company to the highest level cited as a factor. Amid the broader market gains, buying of stocks with dividend and other shareholder rights attached also spread.
The Nikkei Average’s gain briefly approached ¥900, but trading ended with an ¥850 increase. Going forward, market trends are expected to remain influenced by company-specific valuations and external factors.