The Nikkei rose to the ¥65,600 range and remained firm at the opening of the afternoon session in Tokyo trading on the 16th. With higher Asian equities supporting the market, an approximately ¥46 billion basket trade was executed in off-auction trading on the TSE.
At the opening of the afternoon session in Tokyo trading on the 16th, the Nikkei was approximately ¥1,200 higher than the previous day and was trading in the ¥65,600 range. Gains in Asian equities, which have a high weighting in semiconductor stocks, were supporting the Nikkei.
After the morning close, an approximately ¥46 billion basket trade was executed in off-auction trading on the TSE, involving domestic and overseas institutional investors buying and selling multiple stocks as a group. It was a notable development in market trading activity.
As of 12:45 p.m., trading value on the TSE Prime market was provisionally ¥4.1396 trillion, and trading volume was 1.1724 billion shares. Trading activity remained substantial, with high liquidity continuing.
By stock, Tokyo Electron, BayCurrent and Recruit remained higher. Olympus, Takashimaya and Renesas, meanwhile, were trading lower.