Nikkei 225 Soars 2.28% as SoftBank Leads with 10.68% Surge Amid Strong Market Momentum

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The Japanese stock market demonstrated significant strength, with the Nikkei 225 index climbing 2.28% today and 7.12% over the past week, marking a 10.99% increase in the last 30 days. SoftBank Group Corp. led large-cap gains at 10.68%, while Renesas Electronics Corp. fell by 3.88%. In the mid-cap sector, Furukawa Electric Co. surged 22.86%, contrasting with Dexerials Corp.'s 19.64% decline. Small-cap stocks also thrived, with Tachikawa Corp. rising 24.83%. The overall market showed a strong advance-decline ratio of 3.88x, indicating widespread positive sentiment.
Nikkei 225 Soars 2.28% as SoftBank Leads with 10.68% Surge Amid Strong Market Momentum
The Japanese stock market exhibited strong performance today, with the Nikkei 225 index rising by 2.28%. Over the past week, the index has surged by 7.12%, and it has gained an impressive 10.99% over the last 30 days, reflecting a robust upward trend.
In the large-cap segment, SoftBank Group Corp. emerged as the top performer, achieving a return of 10.68%. Conversely, Renesas Electronics Corp. struggled, posting a decline of 3.88%. The mid-cap sector saw Furukawa Electric Co., Ltd. leading with a remarkable return of 22.86%, while Dexerials Corp. faced challenges with a drop of 19.64%. Among small-cap stocks, Tachikawa Corp. excelled with a return of 24.83%, while Nisshinbo Holdings, Inc. lagged behind with a decline of 12.75%. Overall, the market showed a favorable advance-decline ratio, with 2,854 stocks advancing compared to 735 declining, resulting in a ratio of 3.88x. This positive sentiment was echoed across all market caps, with small-cap stocks leading the way at a ratio of 5.13x.

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