Tokyo: The Japanese Nikkei index experienced a rise on Tuesday, recovering from early losses, as advancements in chip-sector stocks contributed to the increase of the broader index. The Nikkei climbed by 0.1 percent to conclude Tuesday's session at 50,655.10 points, while the broader Topix index saw little change, closing at 3,384.92 points.
According to Qatar News Agency, three out of the top five companies in terms of point gains were linked to the semiconductor industry. Tokyo Electron, a prominent chip-manufacturing equipment maker, led these gains following positive performances by its American counterparts the previous night. Among the 225 stocks on the Nikkei index, 116 experienced gains while 109 saw declines.
Notably, the shares of Disco, another chip-manufacturing equipment maker, increased by 4.7 percent, and Tokyo Electron's shares rose by 1.3 percent. Additionally, Lasertec, a company specializing in chip-testing equipment, saw its shares climb by 3.6 percent.