Nikkei 924.80points higher, semiconductor stocks lead the market
9At the Tokyo Stock Exchange, the Nikkei225 rose from the previous day by 924.80 points to close at 67,743.85. Strength in U.S. semiconductor stocks continued, drawing buying into AI- and semiconductor-related stocks, while automakers and construction stocks were weak.
9At the Tokyo Stock Exchange, the Nikkei225 index closed 924.80 points higher than the previous trading day at 67,743.85, as the impact of strength in U.S. semiconductor stocks continued.
The JPX Nikkei Index 400 rose from the previous trading day by 167.71 points to close at 36,382.79.
The TOPIX rose 13.94 points from the previous trading day to 4,020.37 at the close.
The Nikkei 4 rebounded after trading sessions and accelerated its gains in the early session, at one point surpassing 1,600 points.
Buying focused on artificial intelligence and semiconductor-related stocks, with Advantest surging intraday by 8.25%, while Tokyo Electron and Kioxia Holdings also posted notable gains.
These three stocks lifted the Nikkei by more than 1,000 points.
Meanwhile, selling was pronounced in automobile and construction-related stocks. Toyota Motor fell by more than 2%, while Nissan Motor was also weak, and rubber-related stocks such as Yokohama Rubber declined.
The market assessed that some of the large-scale flow of funds that had continued since 6 was being reversed. In a market lacking a clear direction, investors were said to be following sectors showing strong momentum.
Uncertainty over the situation in the Middle East also weighed on the market. U.S. Central Command said it had attacked approximately 8 military targets on 90 (local time).
Sources: 뉴시스 경제
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