Nikkei rebounds 671 points or 1.3% for the whole day, semiconductor stocks and trading company stocks rise

AASTOCKS
2025.11.06 07:14

Japanese stocks rebounded today (6th), as the U.S. added more private jobs than expected last month, easing market concerns over a rapid deterioration in U.S. employment, which boosted U.S. stocks. Investors bought major Japanese shares, with semiconductor stocks in high demand, but the market was constrained by profit-taking at high levels. The Nikkei index reversed its two-day decline, opening significantly higher by 580 points, with the initial gain expanding to 1,036 points, reaching 51,248 points before retreating. Before noon, the gain narrowed to 381 points, hitting a low of 50,594 points. The index closed up 671 points or 1.3%, at 50,883 points.

In the AI concept and semiconductor stocks, Kioxia (285A.JP) rose 9.1%, Disko (6146.JP) rose 6.3%, and Raytech (6920.JP) and Advantest (6857.JP) rose 3.7% and 3.2%, respectively. SoftBank (9984.JP) rose 2.9%, with reports indicating that SoftBank is considering acquiring Marvell Technology. Tokyo Electron (8035.JP) fell 0.4%. Wire stocks such as Furukawa Electric (5801.JP) and Sumitomo Electric (5802.JP) rose 3.3% and 5.2%, while Fujikura (5803.JP) rose 9.7%.

Electricity stock Tokyo Electric Power (9501.JP) rose 2.8%. Heavy industry stocks Mitsubishi Heavy Industries (7011.JP) rose 3.7%, while Kawasaki Heavy Industries (7012.JP) and IHI (7013.JP) rose 0.4% and 1.1%. JX Metals (5016.JP) rose 0.1%. In trading companies, Itochu (8001.JP) and Mitsui & Co. (8031.JP) rose 2.8% and 3.2%, while Sumitomo Corporation (8053.JP) rose 3.8%, and Mitsubishi Corporation (8058.JP) and Marubeni (8002.JP) rose 1.9% and 1.4%.

In other stocks, Hitachi (6501.JP) and Toyota (7203.JP) rose 4.1% and 3.3%, while Sony (6758.JP) and Nintendo (7974.JP) rose 2.5% and 2.6%. Mitsubishi UFJ Financial Group (8306.JP) and Rakuten Group (4755.JP) rose 1.6% and 1.5%, while Fast Retailing (9983.JP) and Panasonic (6752.JP) rose 0.8% and 0.7%. Sanrio (8136.JP), the parent company of cartoon IPs, fell 13.8%, as the company raised its profit forecast but still fell short of market expectations.

The yen rose slightly by 0.1% during the Asian session, with the latest dollar to yen exchange rate at 153.92

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