Tokyo: Japanese indices rose, supported by chip stocks, amid optimism over the US administration's plans to lift some restrictions on artificial intelligence (AI) chips, as part of a broader effort to review global trade restrictions on semiconductors.
According to Qatar News Agency, the 225-issue Nikkei Stock Average ended up 148.97 points, or 0.41 percent, from Wednesday at 36,928.63, and the broader Topix index finished 2.56 points, or 0.09 percent, higher at 2,698.72, the Tokyo Stock Exchange reported.
Regarding the exchange rate, the US currency rose against its Japanese counterpart by approximately 0.41 percent to 144.39 yen in morning trading, while the yield on 10-year Japanese government bonds rose by more than two basis points to 1.327 percent.
Toyota Motor Corp. shares fell 1.27 percent after the automaker announced it expects a fifth of its profit in the current fiscal year due to a weaker dollar and the impact of tariffs. Tokyo Electron and Advantest shares rose 2.05 percent and 3.73 percent, respectively.