Japan Market Daily | Kabutaro & Friends

The Nikkei 225 extended its gains on September 17, closing up 213.25 yen (+0.33%) at 64,136.25. The TOPIX also rose, up 32.47 points to 4,094.19, with advancing issues accounting for 82% of the market. Fast Retailing alone added about 53 yen, and together with SoftBank Group the two stocks contributed about 105 yen. Recruit Holdings, Chugai Pharmaceutical, Konami Group and Bandai Namco Holdings also supported the rally. Advantest was the biggest drag, cutting about 111 yen on its own, while Tokyo Electron, TDK, Ibiden and Kioxia Holdings and other semiconductor-related issues were weak. Gains in Sanrio and Mitsubishi Heavy Industries, along with strength in US and South Korean semiconductor shares, also supported the market. In Tokyo forex trading, the dollar traded at 155.64 yen, up 0.62 yen from the previous day.