Tokyo, June 3 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average surged to top 68,000 for the first time ever Wednesday morning. Issues related to artificial intelligence and semiconductors attracted buying. At 10:06 a.m., the index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section stood at 68,293.88, up 1,559.64 points, or 2.34 pct, from Tuesday. All major U.S. stock indexes rose Tuesday amid growing expectations for a further increase in AI demand reflecting strong earnings reports from major U.S. information technology firms. Following the U.S. market strength, buying took the upper hand from the outset of Tokyo stock trading Wednesday. END [Copyright The Jiji Press, Ltd.]
Nikkei Average Tops 68,000 for 1st Time Ever
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