Japan’s Nikkei Rises 0.85% as AI Demand Outlook Brightens

Tokyo, October 21 (QNA) – Japan’s shares rallied on Wednesday as renewed optimism over demand in the artificial intelligence sector lifted market sentiment.

The benchmark Nikkei 225 climbed 0.85% to 64,621.24 in early trading, while the broader Topix gained 0.86% to 4,043.73.

Overall, market performance was positive. There were 152 advancers in the Nikkei 225 against 71 decliners.

Resonac Holdings led the gainers, rising 5.26%, followed by JX ADVANCED META with 4.13% and Mitsui Kinzoku, up 3.77%.

The largest losers were Shift, trading 3.52% lower, Shiseido, down 2.64%, and Sapporo Holdings, which declined 2.25%. (QNA)