TOKYO, May 13 (Xinhua) -- Tokyo stocks ended higher Wednesday, with the benchmark Nikkei stock index closing at a record high, buoyed by solid corporate earnings results.
The 225-issue Nikkei Stock Average ended up 529.54 points, or 0.84 percent, from Tuesday at 63,272.11.
The broader Topix index, meanwhile, finished 46.58 points, or 1.20 percent, higher at 3,919.48.
On the top-tier Prime Market, nonferrous metal, wholesale trade, and transportation equipment issues were notable gainers.
The Nikkei stock index slipped into negative territory early in the session, dragged down by heavyweight technology shares following a decline on the tech-heavy U.S. Nasdaq index.
However, the Topix index remained positive, and the Nikkei later trimmed its losses as earnings-driven buying supported the market. Investors gravitated toward stocks that had beaten expectations or were viewed as undervalued.
Meanwhile, stocks tied to artificial intelligence and semiconductors stayed firm after earnings releases pointed to growing demand in the sector. ■