In the Tokyo stock market at the afternoon open on the 30th, the Nikkei Average again extended its gains. SoftBank Group expanded its advance, while a basket transaction was executed after the morning close.
The Nikkei Average extended its gain from the previous day at the afternoon open, at times reaching a new high for the morning session. Buying in stock index futures increased upward pressure in the cash market, driving the index higher toward the end of the session. Among leading stocks, SoftBank Group's widening gain was notable, while Sumitomo Electric also supported the market with its advance.
During the day, a basket transaction worth approximately ¥45.2 billion was executed by a large investor off-auction on the TSE after the morning close. This drew attention to the heightened level of market activity.
As of 12:45 p.m., estimated trading value on the TSE Prime Market was ¥3.768 trillion and trading volume was 1.07444 billion shares. Tokyo Electron, Fast Retailing, Advantest and Fujikura maintained their gains among the leading advancers, while Ibiden, Murata Manufacturing, Kyocera and Nitto Denko turned lower.
Overall, Japanese stocks stood out for their gains in contrast to movements in South Korea's KOSPI, and the Nikkei Average was at times able to hold near its high.