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Global Market: Nikkei ends sharply higher as global AI momentum boosts markets

The Times of India·July 31, 2026·1 min read
Global Market: Nikkei ends sharply higher as global AI momentum boosts markets

AI Summary

Japan's Nikkei index rose 4% to 64,362.02, driven by global AI optimism linked to strong Microsoft earnings. Notable gains were observed in Advantest, SoftBank, and Panasonic, while automakers underperformed due to a stronger yen.

From the source

Japan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped 16% and SoftBank soared 14%, while Panasonic surged 19.5% on a higher profit outlook. Automakers lagged as a stronger ye…

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View original at The Times of India

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