In the morning session, the Nikkei average stock price rebounded significantly, closing up 957.45 yen at 40,264.50 yen, marking a substantial recovery after three days. The TOPIX (Tokyo Stock Price Index) also rose by 36.11 points to 2,792.49 points. Following the upward trends in the US market on the 6th, where the Nasdaq Composite Index continued to rise and the SOX (Philadelphia Semiconductor Index) surged sharply, buying interest was prominent from the morning. The speech by the CEO of NVIDIA at the US SES, which started in the morning of this day Japan time, was noteworthy. Currency markets were also supportive as the yen weakened, leading to a focus on semiconductor-related stocks. The Nikkei average reached a high of 40,288.80 yen, climbing up 981.75 yen by 11:16 AM.
The trading volume on the Tokyo Stock Exchange Main Board was 995.96 million shares, with trading value at 2.515 trillion yen. The number of advancing and declining stocks included 884 stocks that rose, 701 that fell, and 59 that remained unchanged.
By Global Sectors, out of the 33 total sectors, 22 sectors saw increases while 11 sectors experienced declines. Service stocks like Rakuten Group <4755.T> and Recruit Holdings <6098.T>, along with Electric Appliances stocks such as Hitachi <6501.T> and Advantech <6857.T>, gained ground. Bank stocks like Mitsubishi UFJ <8306.T> and Sumitomo Mitsui <8316.T>, as well as futures stocks such as Daiwa Securities <8601.T> and Nomura <8604.T>, also performed well. Precision Instruments stocks like Olympus <7733.T> and HOYA <7741.T>, along with Machinery stocks such as SMC <6273.T> and Disco <6146.T>, remained stable. Other financial stocks like ORIX <8591.T> and JPX <8697.T>, as well as Communications stocks like NTT Data <9613.T> and SoftBank Group <9984.T> were also firm. Conversely, Marine Shipping stocks such as NYK Line <9101.T> and Mitsui O.S.K. Lines <9104.T>, along with Mining stocks like INPEX <1605.T> and K&O Energy <1663.T>, were down.
Individually, Fujitsu <6755.T> (watched), KOKUSAI <6525.T>, Asteria <3853.T>, Tokyo Electron <8035.T>, and Micron <6871.T> rose. On the other hand, stocks like Azone <7476.T>, GMO Internet <4784.T>, Hello's <2742.T>, Rakusul <4384.T>, and Miyakoshi Holdings <6620.T> declined.
Provided by Wealth Advisor Company.