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Nikkei Climbs on AI Stocks
The Japanese Nikkei Index continued its upward momentum for the third consecutive day, supported by shares of companies related to artificial intelligence and semiconductors. Meanwhile, the market experienced mixed performance and a cautious outlook amid market volatility and expectations of weaker future performance. The index rose by 0.6 percent, reaching 70,497.49 points, with AI-related stocks remaining at the forefront. Notably, companies such as Taiwan Yuden and Sumco saw significant gains. Analysts anticipate that the market will remain inclined for further rises, but with prudent watching for short-term profit-taking, especially after the Nikkei's rapid increase at the start of the session.
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