Key Facts
• On August 13, Nikkei 225 surpassed 43,000 yen during trading for the first time.
• The index rose over 600 yen at one point, closing at 43,301.07 yen by midday.
• The TOPIX index also climbed 27.48 points to 3,093.85, setting a new intraday high.
• U.S. market gains, driven by lower-than-expected July CPI data, boosted investor sentiment.
• Anticipation of early Federal Reserve rate cuts fueled tech stock growth in the U.S.
• Semiconductor-related stocks led gains in Tokyo, reflecting high investor interest.
• In April, the Nikkei 225 had dropped below 31,000 yen due to U.S.-China tariff concerns.
Summary
On August 13, the Tokyo Stock Exchange saw the Nikkei 225 index surpass 43,000 yen during trading for the first time, marking its second consecutive record high. The index rose over 600 yen at one point, closing at 43,301.07 yen by midday. The TOPIX index also reached a new intraday high of 3,093.85. This surge was driven by optimism from the U.S. market, where major indices rose following lower-than-expected July CPI data, increasing expectations of early Federal Reserve rate cuts. Semiconductor-related stocks led gains in Tokyo, reflecting strong investor interest. Earlier this year, the Nikkei 225 had dropped below 31,000 yen due to concerns over U.S.-China tariffs, highlighting the market’s recovery.
