Historical Milestone in Tokyo: Nikkei Index Breaches Unprecedented 66,000 Yen Mark

The Japanese equities market hit a monumental milestone during Wednesday's trading session (27th). For the first time in the history of the Tokyo Stock Exchange (TSE), the benchmark Nikkei index broke through the psychological resistance of 66,000 yen during intraday trading, showcasing a robust surge that gained over 1,400 points compared to the previous day's close.

This aggressive financial momentum acts as a direct spillover from the bullish sentiment observed on Wall Street. On the preceding day (26th), the S&P 500 and Nasdaq indices clinched fresh all-time highs, propelled by exceptional earnings and demand in the microchip sector. This favorable overseas backdrop prompted domestic investors and institutional funds to heavily increase their capital deployment into local artificial intelligence (AI) and hardware supply chain equities.

Corporate Highlights and the Catalysts Behind the All-Time High

The targeted capital inflow into high-tech corporations has cemented itself as the primary engine driving the benchmark index's consecutive record-breaking runs. Among the heavyweight stocks dictating the market's upward trajectory, several sector leaders stood out:

• Supply Chain Heavyweights: Advantest and Tokyo Electron led the session's trading volume.

• Storage & Hardware Infrastructure: Kioxia Holdings posted substantial capital gains.

Simultaneously, SoftBank Group captured significant market attention as its stock price surged to a record high, marking its best performance since its initial public offering (IPO). Financial analysts remain focused on the short-term sustainability of this tech-driven rally.

Source: Nikkei