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Tokyo stocks (morning session) rise 391 yen, Tokyo Electron surge contributes to market gains

Fri May 1, 2026 11:51 am JST Market

The Nikkei Stock Average ended the morning session on May 1 at 59,676.04 yen, up 391.12 yen from the previous day. Morning volume on the Prime Market was approximately 1.12 billion shares, with a turnover of 3.97 trillion yen. Advancing issues totaled 721, while 791 declined and 60 remained unchanged.

The Nikkei rebounded as the Dow Jones Industrial Average rose 790 points and the Nasdaq Composite Index hit a record high in the U.S. the previous day. Tokyo Electron <8035> surged on favorable earnings, lifting the broader market, while SoftBank Group <9984> also saw buying interest. The index rose by more than 410 yen at its peak. The yen traded around 157.10 yen per dollar, strengthening significantly following suspected intervention by the Japanese government and the Bank of Japan.

Among individual stocks, KEYENCE <6861>, JX Advanced Metals <5016>, and CHUGAI PHARMACEUTICAL <4519> traded higher, alongside gains in DAIKIN INDUSTRIES <6367>, IHI <7013>, and Tokyo Electric Power Company Holdings <9501>. TOTO <5332> surged. Conversely, Kioxia Holdings <285A>, Lasertec <6920>, and ADVANTEST <6857> declined, while Furukawa Electric <5801> and DISCO <6146> also moved lower.

Source: MINKABU PRESS

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

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