The Yomiuri Stock Index (Yomiuri 333) rose for an eighth consecutive trading day, closing at ¥54,083.88, up ¥255.29 from the previous day and setting a new record high. The Nikkei Stock Average also rose, as AI and semiconductor-related stocks attracted buying.
The Yomiuri 333 closed at ¥54,083.88 on the 14th in Tokyo trading, up ¥255.29, or 0.47%, from the previous day, marking an eighth consecutive day of gains and a new record high. About 202 stocks, or 60% of all constituents, rose. The Nikkei Stock Average closed at ¥68,713.80, up 0.59%. Its gains narrowed temporarily as profit-taking selling emerged in semiconductor-related stocks.
U.S. stocks rose against a backdrop of reduced expectations for interest-rate hikes in both the United States and Japan, and buying spread across Japan's market, particularly in AI and semiconductor-related stocks. Many stocks were buoyed by favorable earnings results, and more than 70% of TSE Prime-listed stocks rose.
Among the Yomiuri 333's top gainers, ネクソン rose 19.85%, アシックス 10.81% and 任天堂 6.91%. The biggest decliners were トレンドマイクロ, down 14.60%, 光通信, down 4.58%, and レーザーテック, down 4.12%.
The Tokyo Stock Price Index (TOPIX) rose 21.16 points to 4,197.20, setting a new record high.