Tokyo, December 26 (EFECOM). – The Tokyo Stock Exchange’s main index, the Nikkei, rose 0.68% this Friday thanks to purchases of technology and semiconductor stocks amid optimism about the artificial intelligence (AI) sector.
The selection, which includes the 225 most representative titles on the market, gained 342.6 points and reached 50,750.39 points.
The broader Topix index, which includes the companies in the main section with the largest capitalization, rose 0.15% or 5.08 points to 3,423.06 units.
The Tokyo stock market was buoyed by technology stocks in a dovish session, lacking direction due to Wall Street’s Christmas Eve shutdown.
Advantest, a key player in the country’s semiconductor sector, rose 2.27%, while telecom and investment giant SoftBank, which is betting big on AI, rose 1.8%.
The company with the largest local capitalization, vehicle maker Toyota, grew 0.18%, and Japan’s largest bank, Mitsubishi UFJ, gained a slight 0.04%.
Additionally, video game company Nintendo rose 2.32% and electronics and entertainment benchmark Sony gained 0.15%.
In the main section, 861 companies recorded an increase versus 672 that recorded a decrease, while 71 companies closed unchanged.
The trading volume amounted to 3.73 trillion yen (around 20,268 million euros). EFECOM
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