
Nikkei Rises 203 pts or 0.3% at Half-day; Ibiden (4062.JP) Surges 12%

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Japanese equities rose in the morning session on the 24th, with the Nikkei 225 up 203 points (0.3%) at 59,343, supported by gains in US semiconductor stocks and easing Middle East tensions. Ibiden (4062.JP) surged 12.3%, while other semiconductor stocks like Raytheon Optoelectronic (6920.JP) rose 3.8%. Fast Retailing (9983.JP) gained 1.2%, but Nintendo (7974.JP) and Sanrio (8136.JP) fell 3.3% and 3.5%, respectively. The USD/JPY was quoted at 159.76.
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