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The Japanese stock market rose, supported by steady corporate profits, economic resilience, and dividend-grabbing capital purchases. The TSE Index rose 0.7% to 4105.72 points. The Nikkei 225 Index rose 0.6% to 65887.23 points. The constituent stocks of the Eastern Stock Exchange Index closed up by about 70%, with banks, general trading companies, and some individual stocks related to artificial intelligence and semiconductors leading the way; SoftBank Group and the non-ferrous metals sector lagged behind in performance. Mitsubishi UFJ Financial Group contributed the most to the TSE Index, and the stock rose 2.1%. Of the 1,635 stocks in the index, 1,131 rose, 431 fell, and 73 remained flat. SoftBank Group fell 3.1%, while Fanuc fell 2%.
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The Japanese stock market rose, supported by steady corporate profits, economic resilience, and dividend-grabbing capital purchases. The TSE Index rose 0.7% to 4105.72 points. The Nikkei 225 Index rose 0.6% to 65887.23 points. The constituent stocks of the Eastern Stock Exchange Index closed up by about 70%, with banks, general trading companies, and some individual stocks related to artificial intelligence and semiconductors leading the way; SoftBank Group and the non-ferrous metals sector lagged behind in performance. Mitsubishi UFJ Financial Group contributed the most to the TSE Index, and the stock rose 2.1%. Of the 1,635 stocks in the index, 1,131 rose, 431 fell, and 73 remained flat. SoftBank Group fell 3.1%, while Fanuc fell 2%.
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