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SoftBank Group extends gains on US tech rally, Arm Holdings nears year-to-date high

Wed Apr 15, 2026 9:16 am JST Catalyst

SoftBank Group <9984> extended its gains. The stock surged more than 12% the previous day, breaking above its 75-day moving average with a strong bullish candle, and continued to move higher today. The rally in US tech stocks serves as a tailwind for the company, with the tech-heavy Nasdaq Composite Index marking its 10th consecutive gain in the previous US trading session and approaching an all-time high, providing upward momentum for SoftBank Group shares. The previous day also saw its UK-based subsidiary, semiconductor designer Arm Holdings , extend its advance to approach its year-to-date high, further boosting investor interest. As a stock with significant weight in the Nikkei 225 , index-driven buying led by overseas short-term investors through futures trading is likely to provide additional support today.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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