The Nikkei average rose in the morning session on the 5th, supported by gains in U.S. equities. Buying in AI and semiconductor-related stocks led the market higher, taking the index to around ¥1,550 above the previous weekend's close.
The Nikkei average was trading around ¥1,550 above the previous weekend's close in the morning session on the 5th. It briefly rose as much as ¥1,613.67 from the previous day's close during the morning, approaching the psychologically significant ¥70,000 level.
Of the 33 sectors, 22 rose. Electrical equipment and machinery stocks surged, while mining and oil stocks declined. Among individual stocks, Advantest, Tokyo Electron, Disco, Mitsubishi Heavy Industries, TO_TO and NGK rose, while アドクリ and インフロＨＤ declined.
In the Tokyo market, the SOX Index and the Dow rose in intraday trading, following gains in U.S. equities. The yen-denominated settlement price for Nikkei 225 futures in Chicago rose from the previous weekend's close.
In the foreign exchange market, the dollar was trading around the mid-¥157 range and the euro around the low-¥177 range. The outlook may change depending on developments in the afternoon.
Wealth Advisor, the provider of the report, said in its flash report today that the Nikkei average remained firm.