The Tokyo Stock Exchange Briefly Rose by over 1,000 Yen, Driven by Buying in AI and Semiconductor Stocks, Despite a Decline in US Crude Oil Futures Prices, Which Improved Investor Sentiment.
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Wall Street Italia
FinanzaOnlineThe Tokyo Stock Exchange closes with a strong rise, driven by enthusiasm for artificial intelligence and semiconductors, despite tensions in the Middle East and the rise in oil prices. The Nikkei Index marks an increase of 1.94%, with SoftBank and chip titles in evidence.
The Nikkei Stock Average on the 30th rebounded sharply for the first time in 3 days to 66,753 yen 72 yen, 1272 yen 45 yen higher than the previous day. Investor sentiment improved since low crude oil prices and US interest rate hikes retreated. Buying became dominant over a wide range of stocks.
The Tokyo stock market rebounded on the morning of the 30th, with the Nikkei 225 average rising by over 1,000 yen at one point, recovering to the 66,000 yen level. Buying interest in artificial intelligence (AI) and semiconductor-related stocks led the market up.
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