In the Tokyo stock market on the 5th, the Nikkei average traded in the ¥69,700 range, up approximately ¥1,400 from the previous weekend. Buying in semiconductor-related stocks drove the market, but upside remained heavy as the market appeared to be struggling at elevated levels.
In the Tokyo market on the 5th, the Nikkei Stock Average reached a level approximately ¥1,400 above the previous weekend and traded in the ¥69,700 range, with upside remaining heavy in the afternoon session. Buying in major semiconductor-related stocks supported prices, but profit-taking emerged at elevated levels following the rapid pace of the rise.
Shortly after 2 p.m., the Nikkei had narrowed its gain to around ¥69,710, while the exchange rate traded in the upper ¥158 range to the dollar. Among individual stocks, SoftBank Group and Taiyo Yuden narrowed their gains, while Kioxia Holdings turned lower. TDK, Kyocera and Ibiden remained firm.
Trading value on the TSE Prime Market reached approximately ¥5.1061 trillion, while trading volume totaled approximately 1.34939 billion shares. Fund inflows into semiconductor stocks stood out against the backdrop of expanding AI demand, while some investors were also wary of overheating near the ¥70,000 level.
Many market participants are looking ahead to upcoming earnings from semiconductor companies and the sustainability of AI investment. Whether the market can break above the ¥70,000 threshold is likely to influence its short-term direction.