Buying accelerated on strength in U.S. high-tech stocks, and the market overview for Japan on 24 September reports that a lagging semiconductor stock rose more than 19% in one month. The Nikkei 225 benefited from favorable conditions in the U.S. market, although interest-rate trends at times restrained market movement into the afternoon session, and it closed at ¥65,513.99.
The Nikkei 225 initially rose on 24 September, supported by gains in AI- and semiconductor-related stocks in the U.S. market. However, rising domestic long-term interest rates prompted a stronger wait-and-see stance in the afternoon session, and the index ultimately did not post a substantial gain from the previous day.
The stocks with the largest positive contributions to the Nikkei 225 included Advantest, Ibiden, Tokyo Electron, TDK and SoftBank Group, which lifted the index. The largest negative contributors were Recruit Holdings, Taiyo Yuden, ITOCHU, Mitsubishi Corporation and Tokio Marine Holdings.
Trading volume on the TSE Prime Market was 2.493 billion shares, while trading value was ¥9.203886 trillion, both down from the previous day. Among individual stocks, Socionext, Ibiden and Ushio ranked as the top 3 gainers, while Advance Create, Toyo Engineering and Recruit Holdings were among the top decliners.
The article states that 37 stocks hit new year-to-date highs and 2 stocks hit new year-to-date lows.