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<Asia>Nikkei Ends Up 776Pts or 1.4%; SoftBank, Kioxia Rally; Nintendo Up ~9%
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Japanese bourse ascended. Oracle's share price elevated after the company released its quarterly results, boosting Japanese semiconductor-related stocks. A weaker yen also benefited the market. Nikkei 225 Stock Average opened 669 points higher; with wilder gains, it leaped as much as 1,496 points to peak at 55,745. It closed up 776 points, or 1.4%, at 55,025. AI and semiconductor stocks led the gains, with SoftBank (9984.JP) and Kioxia (285A.JP) up 7% and 9.2% respectively. Advantest (6857.JP), Disco (6146.JP), and Lasertec Corp. (6920.JP) shot up 3.4-4.1%. Tokyo Electron Ltd. (8035.JP) gained 1.2%. Nintendo (7974.JP) jumped up 8.9% after the release of a new game. AAStocks Financial News |
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