(Tokyo=Yonhap News) Park Sang-hyun, Correspondent = The Nikkei 225 average stock price (Nikkei index), a representative stock index of the Japanese stock market, continued its upward trend, hitting record highs for three consecutive days.
On the 27th, the Nikkei index closed at 58,850, up 0.16% from the previous day’s closing price.
As the stock price of Nvidia, the world’s largest AI semiconductor company, plummeted on the 26th (local time), semiconductor-related stocks such as Advantest and Tokyo Electron also fell in Japan.
In contrast, Sony Group surged by 7.21%. Nikkei explained that this was influenced by Sony raising the upper limit for its share buyback by 100 billion yen (approximately 923 billion won) the day before.
In addition, Sumitomo Metal Mining rose by 11.28%, and Mitsui Mining by 1.96%.
Kyodo News reported, “The upward trend in domestic-related stocks such as construction and retail was prominent.”