financetom
World
financetom
/
World
/
Japan's Nikkei rises as investors buy cheap stocks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

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 >
DIARY-Europe's STOXX 600 corporate earnings week ahead
DIARY-Europe's STOXX 600 corporate earnings week ahead
Mar 22, 2024
March 22 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Company Event Name Start Date Start Time RIC Name (GMT) 25-Mar-2024 13:00 IMI.L IMI PLC IMI PLC Retail Investor Webinar 25-Mar-2024 07:00 KGF.L Kingfisher PLC Full Year 2024 Kingfisher PLC Earnings Release 26-Mar-2024 NTS HRA.MI Hera SpA Q4 2023 Hera...
MORNING BID AMERICAS-Dollar surges after central bank barrage, Apple bruised
MORNING BID AMERICAS-Dollar surges after central bank barrage, Apple bruised
Mar 22, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from the week's magical mystery tour of world central banks - with record high Wall St and world stocks getting a shot across the bow from Apple's ( AAPL ) antitrust bust. A whistle stop look...
China yuan slides to four-month low, state banks step in
China yuan slides to four-month low, state banks step in
Mar 22, 2024
(Updates to market close) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low...
European shares set for weekly gains; UK's Phoenix soars
European shares set for weekly gains; UK's Phoenix soars
Mar 22, 2024
* German business sentiment rises in March - Ifo * UK's Phoenix tops STOXX on upbeat outlook & results * Legal & General ( LGGNF ) up on shelving China business licence plan * STOXX 600 up 0.1% (Updated at 0918 GMT) By Shubham Batra March 22 (Reuters) - European shares were largely flat on Friday but maintained record highs...
Copyright 2023-2025 - www.financetom.com All Rights Reserved