Japan's Nikkei 225 Index Rises 482 Points on Semiconductor Strength, Recovers 70,000 Level

According to Yonhap Infomax, Japan's Nikkei 225 Index rose 482.03 points (0.69%) to 70,226.10 on July 6, recovering above the 70,000 level after declining to 68,000 last week. The TOPIX Index increased 24.85 points (0.61%) to 4,089.45. Semiconductor and artificial intelligence stocks led gains, though performance diverged among individual holdings: Tokyo Electron and Advantest rose modestly, while SoftBank Group and Kioxia declined on profit-taking.

Retail investors' bargain-hunting in AI and semiconductor-related stocks sustained buying momentum. The USD-JPY exchange rate stood at 161.535, up 0.11%, having recovered from a sharp dip to 160 yen last week.