TOKYO, Jan. 31 (Xinhua) — Tokyo shares continued to rise on Friday as sturdy efficiency of U.S. tech shares supported shopping for of semiconductor and AI-related shares in Japan.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed up 58.52 factors, or 0.15 % at 39,572.49.
Tracking Wall Street positive aspects, the index was additionally supported by constructive investor sentiment amid Japan’s company earnings season. NEC surged after elevating its full-year revenue forecast on sturdy IT service demand.
However, profit-taking and place changes forward of the weekend led to fluctuations in the course of the session.
In the foreign exchange market, the yen briefly strengthened to the 153 vary in opposition to the U.S. dollar in buying and selling, weighing in the marketplace.
The broader TOPIX additionally prolonged its profitable streak, closing 6.73 factors, or 0.24 % greater at 2,788.66.
Among listed shares on the Tokyo Stock Exchange Prime Market, 606 superior, 976 declined, and 58 remained unchanged.