Tokyo, April 24 (Jiji Press)–Japan’s key Nikkei 225 stock average rewrote its record closing high on Friday, reflecting the popularity of artificial intelligence and semiconductor-related issues. The index of 225 issues listed on the Tokyo Stock Exchange’s Prime top-tier section rose 575.95 points, or 0.97 pct, from the previous day to 59,716.18. Investors engaged in active buying after U.S. President Donald Trump announced Thursday that Israel and Lebanon had agreed to a three-week ceasefire extension, market sources said. Sentiment was further brightened by a rise in the U.S. SOX Philadelphia semiconductor index and rosy earnings results by U.S. chip giant Intel Corp. on Thursday. END [Copyright The Jiji Press, Ltd.]
Nikkei Average Ends at Record High on AI Popularity
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