Japan’s Nikkei Rises

Tokyo, October 27 (QNA) – Japan’s Nikkei index closed Tuesday’s trading up 1.73 percent, supported by gains in technology and semiconductor stocks, amid renewed optimism about the artificial intelligence sector following Anthropic’s filing for a stock market listing.

The Nikkei index rose to 63,268.37 points, after recording gains of two percent during trading, while the broader Topix index rose 0.61 percent to reach 3,997.37 points.

Technology and semiconductor stocks recorded notable gains. Advantest – which specializes in manufacturing chip-testing equipment, surged 8.98 percent, SoftBank Group – which invests in the technology sector, rose 4.95 percent, while Tokyo Electron, a manufacturer of chip production equipment, climbed 3.07 percent.

Advantest topped the list of the biggest stock gainers, followed by Ibiden at 8.54 percent, then SUMCO at 5.50 percent.

In contrast, pharmaceutical company Daiichi Sankyo topped the list of the biggest stock decliners, falling 8.16 percent, followed by Japan Exchange Group at 4.83 percent, then Mitsubishi Estate at 4.04 percent. (QNA)