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Tokyo stocks finish 348 points higher as afternoon gains capped despite upbeat US, European leads

Mon Apr 20, 2026 4:17 pm JST Market

Tokyo stocks rebounded on 20th as buying centered on major names, though the Nikkei 225 struggled to extend gains in the afternoon after reclaiming the 59,000 level by the midday close.

The Nikkei closed at 58,824.89, up 348.99 points. Prime Market volume totaled approximately 1.888 billion shares, with turnover reaching 6.572 trillion yen. Advancers totaled 647 against 862 decliners, while 66 issues remained unchanged.

Sentiment was mixed. European markets closed broadly higher Friday, led by Germany's DAX, while US markets surged as the Dow Jones rose over 1,100 points. The Nasdaq Composite hit its 13th consecutive gain, the longest streak in 34 years. US reports that President Trump said Iran agreed to halt nuclear development supported the market, but threats by Iranian forces to re-blockade the Strait of Hormuz capped risk-on sentiment. Institutional rebalancing sales also met resistance in the afternoon. Approximately 860 stocks, or 55% of the market, declined. Turnover remained in the 6 trillion yen range, its lowest since April 7.

Individually, SOFTBANK GROUP CORP. <9984> rebounded sharply, while LASERTEC CORPORATION <6920> showed notable strength. MITSUBISHI HEAVY INDUSTRIES, LTD. <7011> attracted buyers, and TOYOTA MOTOR CORPORATION <7203> remained firm. RENESAS ELECTRONICS CORPORATION <6723> also rose. TOKIO MARINE HOLDINGS, INC. <8766>, FAST RETAILING CO., LTD. <9983>, and MURATA MANUFACTURING CO., LTD. <6981> advanced. NIHON DEMPA KOGYO CO., LTD. <6779> topped percentage gainers, while YOKOWO CO., LTD. <6800> and WACOAL HOLDINGS CORP. <3591> hit daily limit highs. JAPAN DISPLAY INC. <6740> saw speculative interest, and DAIICHI KIGENSO KAGAKU-KOGYO CO., LTD. <4082> also surged.

On the downside, Kioxia Holdings, which again topped turnover at over 1 trillion yen, finished slightly lower. ADVANTEST CORPORATION <6857> was weak, while JX ADVANCED METALS CORPORATION <5016> and SHIN-ETSU CHEMICAL CO., LTD. <4063> lacked luster. NINTENDO CO., LTD. <7974> faced selling pressure, and NITTO BOSEKI CO., LTD. <3110> declined. NIPPON CHEMICAL INDUSTRIAL CO., LTD. <4092> plunged, while JAPAN PETROLEUM EXPLORATION CO., LTD. <1662>, MODEC, INC. <6269>, and K&O ENERGY GROUP INC. <1663> also showed notable declines.

Source: MINKABU PRESS

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

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