Tokyo stocks close 604 yen higher, briefly top 67,000 with consecutive record highs

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Mon Jun 1, 2026 4:21 pm JST Market

The Tokyo stock market on June 1 saw selective buying in leading AI and semiconductor-related shares, pushing the Nikkei average to fresh record highs. However, selling pressure was also prominent, particularly among domestic demand-oriented stocks.

The benchmark Nikkei Stock Average ended up 604.83 yen from the previous session at 66,934.33 yen, extending its rally. Estimated trading volume on the Prime Market totaled 2.83 billion shares, with a trading value of 11.92 trillion yen. Advancing issues numbered 425 against 1,115 decliners, while 22 ended unchanged.

Tokyo shares carried over momentum from Wall Street's weekend rally, where all three major U.S. indexes hit record closing highs. Following suit, the Nikkei briefly touched the 67,000 yen mark before paring gains slightly at the close. While heavily weighted AI and semiconductor names drove the index upward, broader market breadth was weak. Decliners on the Prime Market exceeded 1,100, representing 71% of the total, as profit-taking and a fading short-covering rally weighed on domestic sectors, causing the broader TOPIX index to finish lower. Total trading value remained robust at approximately 11.9 trillion yen, approaching the 12 trillion yen threshold.

Among individual stocks, market leader Kioxia Holdings <285A> topped trading turnover and surged to a fresh record high. SoftBank Group Corp. <9984>, the day's second most heavily traded stock, jumped sharply. Tech heavyweights Murata Manufacturing Co., Ltd. <6981>, TAIYO YUDEN CO., LTD. <6976>, and Tokyo Electron Limited <8035> attracted strong buying. Sumitomo Electric Industries, Ltd. <5802>, Mitsui Kinzoku Company, Limited <5706>, and SUMCO CORPORATION <3436> also booked solid gains. TerraSky Co., Ltd. <3915> locked at its daily limit-up to lead gainers, while NIHON DEMPA KOGYO CO., LTD. <6779> and YAMAICHI ELECTRONICS CO., LTD. <6941> surged. Future Innovation Group, Inc. <4392> rebounded sharply, and Dexerials Corporation <4980> notched substantial gains.

Conversely, Fujikura Ltd. <5803> faced heavy selling, while IBIDEN CO., LTD. <4062> extended its downward trend. Semiconductor peers ADVANTEST CORPORATION <6857> and Lasertec Corporation <6920> also came under pressure. Index heavyweight FAST RETAILING CO., LTD. <9983> traded lower, and Mitsubishi Electric Corporation <6503> logged a notable decline. ASTERIA Corporation <3853> plummeted to lead decliners, while SKY Perfect JSAT Corporation <9412> and Techxend Photomask <429A> plunged. SHIN NIPPON BIOMEDICAL LABORATORIES, LTD. <2395> and TOENEC CORPORATION <1946> also fell significantly.

Source: MINKABU PRESS

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