Tokyo stocks rebound, with the Nikkei up 0.51%, driven by U.S. tech gains and semiconductor stocks.

Tokyo stocks saw a rebound on November 19th, fueled by gains in U.S. tech stocks and led by semiconductor-related shares. The Nikkei Stock Average rose 0.51% to close at 38,414.43, while the broader TOPIX index increased by 0.68%. The market saw a surge in buying of semiconductor stocks that had previously declined. Of the listed stocks on the Prime Market, 1,080 rose, 502 declined, and 63 remained unchanged. A solid domestic economic outlook also bolstered buying activity in stocks related to domestic demand.

November 19, 2024
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