
Tokyo shares surged on July 31 as semiconductor names drove the Nikkei briefly above 65,000, while the broader rally also spread into TSE Growth Market and other emerging stocks.
Japan's Nikkei Stock Average extended its rebound in the July 31 morning session, briefly reclaiming 65,000 as investors bought AI- and semiconductor-related shares led by strong earnings from Tokyo Electron and Advantest, renewed interest in U.S. chip stocks and a steadier yen. The morning close stood at 64,572.25, up 2,704.82 points from the previous business day, after the Nikkei had closed at 61,867 on July 30, up 433 points and marking its first rebound in three days. The broader upswing also lifted Japan's emerging-stock market, with the TSE Growth Market 250 Index extending gains as buying spread into names such as Feature, Lakil and Global Security Experts, according to Wealth Advisor.