Tokyo stocks end higher on AI, tech share gains

Xinhua
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TOKYO, Oct. 6 (Xinhua) -- Tokyo stocks rose Tuesday, with the Nikkei stock index ending above the 70,000 mark for the first time since early July as optimism about artificial intelligence- and semiconductor-related shares lifted investor sentiment.

The benchmark 225-issue Nikkei Stock Average ended up 737.12 points, or 1.05 percent, from Monday at 70,683.98.

The broader Topix index, meanwhile, finished 38.34 points, or 0.92 percent, higher at 4,183.56.

Stocks tracked overnight advances on Wall Street, led by gains among technology shares, while falling crude oil prices spurred buying across a broad range of stocks, analysts said.

The benchmark Nikkei index extended its gains in the afternoon as AI- and chip-related shares gathered momentum.