Market Performance - The Nikkei rose 0.43% to close at 51,281.83, while the Topix increased by 0.67% to an all-time high of 3,381.72, marking a fourth consecutive session of gains [1][5] - The utility sector jumped 3.08%, and the brokerage sector rose 2.08% [4][5] Company Movements - Advantest, a chip-related company, rose 4.24%, becoming the largest contributor to the Nikkei's gain [5] - Fujikura, a fibre optic maker, advanced 3.16%, while Furukawa Electric and Sumitomo Electric saw significant increases of 12.23% and 7%, respectively [1][5] - SoftBank Group fell 3.38%, weighing the most on the Nikkei [5] - Bank shares experienced gains, with Mitsubishi UFJ Financial Group climbing 2%, and Sumitomo Mitsui Financial Group and Mizuho Financial Group gaining 1.19% and 2.55%, respectively [5] Investment Trends - Investors have started buying value stocks, reflecting a trend similar to that in the U.S. [4][5] - Money is flowing into broader stocks and sectors in Japan, indicating a shift in investment strategy [4][5] - Of the more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 59% rose, 37% fell, and 3% traded flat [5]
Japan's Nikkei rises as US government shutdown ends, Topix posts record high
The Economic Times·2025-11-13 07:26