Nikkei Rises 203 pts or 0.3% at Half-day; Ibiden (4062.JP) Surges 12%
I'm LongbridgeAI, I can summarize articles.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.
Japanese equities advanced in the morning session today (24th), as gains in US semiconductor stocks lifted related Japanese shares. Easing concerns over the situation in the Middle East also supported the broader market. The Nikkei 225 opened 267 points higher and once surged 546 points in early trading to a peak of 59,687. At the half-day mark, it was up 203 points, or 0.3%, at 59,343.
In AI and semiconductor-related stocks, printed circuit board maker Ibiden (4062.JP) surged 12.3%, while Raytheon Optoelectronic (6920.JP) rose 3.8%. SoftBank (9984.JP), Tokyo Electron (8035.JP) and Advantest (6857.JP) gained between 0.4% and 0.7%. Disco (6146.JP) and Kioxia (285A.JP) fell 0.4% and 2.2%, respectively. Automotive chipmaker Renesas Electronics (6723.JP) declined 1.5%.
Among other stocks, Fast Retailing (9983.JP) rose 1.2%, while Nintendo (7974.JP) and Sanrio (8136.JP) fell 3.3% and 3.5%, respectively. Mitsubishi Corp. (8058.JP) and Mitsui Mining & Smelting (5706.JP) gained 3.1% and 4.8%, while oil producer Inpex (1605.JP) rose 2.2%. Optical fiber-related stocks Furukawa Electric (5801.JP) and Fujikura (5803.JP) advanced 1.4% and 1.9%, respectively.
The USD/JPY was quoted at 159.76. (fc/da)
This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
