Key Facts
• August 13: Nikkei 225 rose 556.50 points, closing at 43,274.67, a record high.
• First time surpassing the 43,000 mark; sixth consecutive day of gains.
• U.S. July CPI data boosted expectations for a September rate cut.
• TOPIX also hit a record high, closing at 3,091.91, up 0.83%.
• Prime Market Index rose 0.83% to 1,591.38; trading volume reached ¥6.33 trillion.
• Nikkei peaked at 43,451.46 during the session before narrowing gains.
• Advantest and Recruit Holdings surged over 5%; Asics jumped over 17% after revising forecasts.
• DeNA and INPEX underperformed; Growth 250 Index fell 0.03% to 777.75.
• Newly listed Axelspace Holdings debuted at ¥751, closing at ¥674.
• 58% of Prime Market stocks gained, 37% declined, and 4% remained unchanged.
Summary
The Nikkei 225 surged 556.50 points on August 13, closing at a record 43,274.67, marking its first time above 43,000 and its sixth consecutive day of gains. This rally was driven by optimism over a potential U.S. rate cut following July’s CPI data. The TOPIX also reached a record high, closing at 3,091.91. Key performers included Advantest, Recruit Holdings, and Asics, while DeNA and INPEX lagged. The Prime Market Index rose 0.83%, with trading volume hitting ¥6.33 trillion. Meanwhile, the Growth 250 Index declined slightly, and Axelspace Holdings debuted on the Growth Market. Analysts noted that while technical indicators suggest overheating, future market movements may depend on currency fluctuations and upcoming events like the Jackson Hole symposium.
