Economy

Rise of the Japanese "Nikkei" Index

Rise of the Japanese

The Japanese "Nikkei" index recorded its largest daily jump, finishing today's session up 1.49%. The broader "Topix" index also rose by 0.97%. Shares related to semiconductors saw a significant surge, with Advantest's stock closing up 4%, Tokyo Electron's stock rising by 2%, and Shin-Etsu Chemical's shares for silicon wafer manufacturing increasing by 3.55%. Additionally, Sony Group's stock jumped 4.5% following a report stating that the gaming and audio equipment company would boost its research and development spending in its gaming division by about 10%, reaching 300 billion yen ($2.2 billion) in the current fiscal year.

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