Tokyo stocks rise as dip buyers lift chip shares-Xinhua

Tokyo stocks rise as dip buyers lift chip shares

Source: Xinhua

Editor: huaxia

2026-07-03 16:45:15

TOKYO, July 3 (Xinhua) -- Tokyo stocks ended higher Friday, as dip-buying lifted heavyweight semiconductor-related shares after earlier losses.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 1,010.92 points, or 1.47 percent, from Thursday at 69,744.07.

The broader Topix index, meanwhile, finished 49.62 points, or 1.24 percent, higher at 4,064.60.

Stocks rose as heavyweight chip shares attracted dip-buying after they fell in early trading, tracking overnight losses among their U.S. counterparts.

Meanwhile, sentiment was also lifted by crude oil prices returning to levels seen before the war amid easing concerns over the Middle East conflict, supporting the broader market, analysts said.