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<Asia>Nikkei Ends 2,675 Pts or 5.2% Higher on Semis/ Optical Fiber Stocks; Kioxia Surges 14%
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The Nikkei mushroomed today (1st) as the market anticipated the end of the US-Iran conflict, with foreign capital closing "short positions" bolstering the market. The Nikkei closed at an intra-day high of 53,739, up 2,675 points or 5.2%, marking the fourth-sharpest spike in history. In the AI and semiconductor sector, Advantest (6857.JP) and Kioxia (285A.JP) swelled 10.7% and 14.3%, respectively, while SoftBank (9984.JP), Lasertec (6920.JP), and Tokyo Electron (8035.JP) rallied 5.5-6%. Disco (6146.JP) increased by 4%. In the optical fiber sector, Furukawa Electric (5801.JP) and Sumitomo Electric (5802.JP) shot up 12.9% and 10.6%, respectively, while Fujikura (5803.JP) climbed 8.7%. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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