Business · Markets · 2 hrs ago
Japan's Nikkei rises as US semiconductor shares gain
The Nikkei 225 opened higher in Tokyo on October 28, extending its gains from the previous session.
It started at 63,738.98, up 470.61 points from the previous close.
The index later rose by more than 800 points and briefly moved above 64,000.
The rise followed gains in US semiconductor and artificial intelligence-related shares the day before.
Those gains encouraged overseas investors to buy Japanese shares, while chip-testing company Advantest opened with strong demand.
The market's next direction was not stated.
Japan’s Nikkei 225 opened higher on October 28, extending its gains for a second session.
The index opened 470.61 yen higher at 63,738.98.
It later widened its gain to more than 800 yen and briefly rose above 64,000.
Buying of Japanese shares, including by overseas investors, followed gains in US semiconductor and other artificial-intelligence-related stocks.
- Who
- The Nikkei 225 and investors buying Japanese shares, including overseas investors.
- What
- The index opened higher and later rose more than 800 yen.
- When
- October 28, 2026.
- Where
- Tokyo, Japan.
- Why
- US semiconductor and other AI-related stocks rose in the previous session, encouraging buying of Japanese shares.
This story does not have two clearly opposing sides.
Semiconductor and other AI-related shares rose in the US stock market.
The Nikkei opened 470.61 yen higher at 63,738.98.
The index later gained more than 800 yen and briefly moved above 64,000.
- Opening level
- 63,738.98
- Opening gain
- 470.61 yen
- Later gain
- More than 800 yen
- Level briefly exceeded
- 64,000
- Location
- Tokyo, Japan