financetom
Market
financetom
/
Market
/
Japan's Nikkei rises as tech shares track gains by Wall Street peers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei rises as tech shares track gains by Wall Street peers
Nov 10, 2025 7:21 PM

(Updates prices at midday recess)

By Kevin Buckland

TOKYO, Nov 11 (Reuters) - Japan's Nikkei share average

rose on Tuesday, with tech shares leading the advance after Wall

Street peers rallied overnight on optimism for an imminent end

to the U.S. government shutdown.

The tech-heavy Nikkei entered the midday trading

recess up 0.4% at 51,131.28, and earlier touched a one-week high

of 51,513.16.

Artificial intelligence-focused startup investor SoftBank

Group jumped 3%, single-handedly contributing 131 index

points of the Nikkei's total 220-point advance. The company will

report earnings after the close of trading.

Under the surface, though, the Nikkei was split, with only

90 of its 225 components rising, 134 falling, and one trading

flat.

The broader Topix added 0.2% to 3,323.18.

"Chip- and data-center stocks certainly stand out," said

Maki Sawada, a strategist at Nomura Securities.

"But even within that group, there are exceptions."

The split between gainers and losers "shows that there's no

single, big driving force, and some traders are taking the

opportunity to lock in profits", she said.

The Nikkei rallied to an all-time high of 52,636.87 a week

ago, powered by both the global fervor over AI and hopes for

fiscal stimulus under new Japanese Prime Minister Sanae

Takaichi.

On Tuesday, chip-making machinery manufacturer Tokyo

Electron ( TOELF ) added 0.8%. Chip-maker Renesas

advanced 2.8%.

Chip-testing equipment maker Lasertec ( LSRCF ) jumped 2.8%,

but larger peer Advantest ( ADTTF ) eased 0.8%.

Sony Group ( SONY ), which will also report earnings after

the close of trading, added 0.4%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China's tech stock rally charges ahead on AI boost
China's tech stock rally charges ahead on AI boost
Feb 13, 2025
HONG KONG, Feb 14 (Reuters) - Chinese tech stocks resumed their bullish rally on Friday, heading towards their best winning streak in over two years, driven by DeepSeek's AI breakthrough that reignited investor interest in China's technology capabilities. The Hang Seng Tech Index jumped 3.1% to a three-year high at the midday break, bringing the week's advance to 4.8%. That...
Roku forecasts annual revenue above estimates on strong ad sales; shares jump
Roku forecasts annual revenue above estimates on strong ad sales; shares jump
Feb 13, 2025
By Priyanka G (Reuters) -Roku ( ROKU ) forecast annual revenue above Wall Street estimates and topped fourth-quarter revenue expectations on Thursday, signaling strong advertising sales as more customers switch to streaming platforms, sending its shares up 14% in extended trading. The surge in political ad spending and the launch of streaming channels like Peacock, Disney+ and HBO Max have...
Analysis-Markets need convincing that German election will bring spending boost
Analysis-Markets need convincing that German election will bring spending boost
Feb 13, 2025
By Yoruk Bahceli, Emma-Victoria Farr and Samuel Indyk LONDON/FRANKFURT (Reuters) - As Germany heads to the polls next week, the message from investors is clear: it is the one big economy with room to spend more to boost growth and it won't be punished by financial markets if it chooses to do so. For now they are unconvinced that Germany's...
GameStop, Coinbase, Palo Alto, Airbnb, Tesla: Why These 5 Stocks Are On Investors' Radars Today
GameStop, Coinbase, Palo Alto, Airbnb, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Feb 13, 2025
Stocks surged today, with the S&P 500 approaching record levels and the Nasdaq 100 posting strong gains. Investors largely shrugged off President Donald Trump’s proposed reciprocal tariffs, which remain under review. The S&P 500 gained 1% to close at 6,115.07, while the Nasdaq 100 jumped 1.5% to 19,945.64, signaling bullish sentiment. The Dow Jones Industrial Average finished Thursday up nearly...
Copyright 2023-2026 - www.financetom.com All Rights Reserved