Japanese stocks' American depositary receipts (ADRs) rose almost across the board on the 6th, in line with moves in the US market, with notable gains among stocks including Takeda and Sony Group. The Nikkei Stock Average recovered to the ¥70,000 range for the first time in 3 months, and buying prevailed in the ADR market against a backdrop of record highs in the US market.
Japanese stock ADRs rose almost across the board on the 6th, following the trend in the US stock market. The Nikkei Stock Average extended its gains, closing above ¥70,000 for the first time in 3 months. Buying also spread across the Japanese stock ADR market as the Nasdaq Composite and S&P 500 reached record highs in the US.
Among individual stocks, Takeda and Sony Group rose, while Mizuho FG and Mitsubishi UFJ also posted strong gains. The gains in these stocks indicate that buying advanced in the ADR market in line with the strength of the US market.
Orix, meanwhile, fell in the ADR market. By stock, gainers were relatively prominent, although some decliners were also seen.