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JP Movers | Socionext Rose 12.69%, Leading Nikkei 225 Components, Fujikura Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Socionext(6526.JP) being the top gainer today, rising 12.69% to close at 2300.0 yen. In addition, the top loser was Seven & i Holdings(3382.JP),falling 11.69% to end at 2118.0 yen.
Socionext ETC continues to rank, forming a strategic partnership with Google Quantum AI.
Socionext <6526> has been ranked (as of 2:32 PM). It has significantly continued to rise. A strategic partnership with Google Quantum AI has been announced, which seems to be a clue for the rise. Both companies plan to jointly develop a Controller SoC for Google's next-generation quantum computing system. Google Quantum AI is Google's quantum computing research division. Volume change rate is increasing.
The Nikkei average rose by 56 yen, rebounding for the first time in three days, and nearly 70% of the Main Board stocks increased in value = Morning session on the 27th.
On the 27th, during the morning session, the Nikkei average stock price rose by 56.59 yen to 38,198.96 yen, rebounding for the first time in three days. The TOPIX (Tokyo Stock Price Index) also increased by 13.23 points to 2,729.63 points. At 10:04 AM, the Nikkei average reached 38,369.96 yen, up by 227.59 yen. This came after NVIDIA, a leading US semiconductor company, announced its financial results for the fiscal year ending January 2025 and its revenue forecasts for the period from February to April 2025, which exceeded market expectations, positively impacting Japanese stocks.
The Nikkei average rose by about 10 yen, with Socionext, Itochu, Fujikura, etc. among the top gainers.
As of 11:02 AM on the 27th, the Nikkei average stock price is fluctuating around 38,150 yen, about 10 yen higher than the previous day. At 10:04 AM, it reached 38,369.96 yen, up 227.59 yen. The American semiconductor giant NVIDIA announced its financial results after the regular trading session on the 26th local time. Following the outlook for revenue in February to April 2025, which exceeded the market average financial estimates, the company's stock rose in extended hours trading. Japanese stocks also followed this trend, leading to buying activity. However, after that, there was selling to wait for a rebound.
Socionext announces a strategic partnership with Google Quantum AI in quantum computing development [PDF].
JP Movers | TOTO Rose 5.02%, Leading Nikkei 225 Components, Disco Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with TOTO(5332.JP) being the top gainer today, rising 5.02% to close at 3996.0 yen. In addition, the top loser was Yokohama Rubber(5101.JP),falling 6.21% to end at 3352.0 yen.
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