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Japan's Nikkei rises as investors buy cheap stocks
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Japan's Nikkei rises as investors buy cheap stocks
Sep 24, 2025 8:54 PM

TOKYO, Sept 25 (Reuters) - Japan's Nikkei share average

rose on Thursday, as investors scooped up cheap shares, betting

on the potential for further market gains.

The Nikkei rose 0.2% to 45,719.71 by the midday

break, setting to mark a third straight session of gains if the

momentum holds.

The broader Topix rose 0.43% to 3,183.97.

"Investors bought stocks that had been left behind the

latest rally," said Shoichi Arisawa, general manager of the

investment research department at IwaiCosmo Securities.

"These days, the stocks that lead the market's gain rotate,

which is a good sign for the market's further gains," he said.

On Thursday, the nonferrous metals sector rose

2.42%, becoming the biggest percentage gainer among the Tokyo

Stock Exchange's (TSE) 33 industry sub-indexes.

Sumitomo Metal Mining ( STMNF ) surged 8.73%, the biggest

percentage gainer on the Nikkei.

Energy sectors rose after oil prices touched a seven-week

high on Wednesday.

The refiners rose 1.57%, with Eneos Holdings ( JXHGF )

and Cosmo Energy Holdings ( CEHCF ) 1.93% and 1.19%,

respectively.

Energy explorers rose 1.52%, with Inpex ( IPXHF )

gaining 1.42%.

Shares of Okinawa-based beer maker Orion Breweries

were untraded in the morning session of its market debut with

glut of buy orders. Strategists said its initial public price of

850 yen was cheap relative to its bigger competitors. It was

last bid at 1,800 yen.

IwaiCosmo's Arisawa said while there is demand for buying on

a dip, investors sold stocks that had gained in recent sessions.

Chip-testing equipment maker Advantest ( ADTTF ), one of the

stocks that led the Nikkei to mark a record high in the previous

session, fell 1.04% to become the biggest drag for the Nikkei

Of more than 1,600 stocks trading on the TSE's prime

section, 57% stocks rose and 37% fell, and 5% were little

changed.

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