Shares surge 10% in Japan market
The Japanese Nikkei index rose by 0.81% to reach 61,934.03 points, supported by sharp gains in Advantest's stock after they raised their annual profit outlook by 35%, with their shares increasing by 10%. Stocks of chip equipment manufacturers such as Tokyo Electron and Kioxia also saw notable gains, boosted by increased demand for chip testing equipment due to rising spending on artificial intelligence. Meanwhile, the TOPIX index declined by 0.81%, with approximately 14% of more than 1,500 traded stocks in the market rising, while 84% fell.
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