The Nikkei average recovered above ¥60,000 in the afternoon session and traded around ¥1,500 higher than the previous day. Buying of AI- and semiconductor-related stocks continued, supported by gains in Asian stocks.
In the Tokyo stock market around the middle of the afternoon session on the 10th, the Nikkei average recovered and traded in the ¥60,200 range. Following the morning session's movements, the market remained supported by active buying on dips.
Although the market briefly fell below ¥60,000 in the afternoon session, led by futures, buying on dips emerged at lower levels and supported the market. Buying of AI- and semiconductor-related stocks also continued.
In Asian stock markets, gains in the tech-heavy KOSPI and the Taiwan Weighted Index provided a tailwind and increased overall market activity. SoftBank Group, Tokyo Electron and Advantest rose, while Bandai Namco Holdings, Kikkoman and BayCurrent declined.
As of 2 p.m., estimated trading value on the TSE Prime market was ¥5.9168 trillion, and trading volume was approximately 1.86216 billion shares.