The Nikkei Average continues to rise, recovering 0.03 million6000 yen, and I like the appreciation of US high-tech stocks and the depreciation of the yen

August 13, 2024 4:11 PM GMT+9 (some excerpts)

The Nikkei Average closed with a continuous increase of 36,232 yen 51 yen, which was 1207 yen 51 yen higher than the previous business day. Movements that favored the appreciation of US high-tech stocks during the domestic holidays and the depreciation of the yen exchange rate were dominant. The increase was second this year, and the psychological milestone of 36,000 yen was recovered for the first time in two weeks.
The Nikkei Average rose by 465 yen, and the increase widened even after being close. Semiconductor-related and high-tech stocks with high contributions boosted the index and gradually lowered the level while competing in the high price range. The rise in highly contributing semiconductor-related and high-tech stocks such as Tokyo Electron (8035.T), Advantest (6857.T), and TDK (6762.T) boosted the index. The fact that the dollar/yen depreciated towards the latter half of 147 yen and the steady trend in US stock futures traded after hours supported the market price.