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Japan’s Nikkei rises 1.3% as AI-related shares track US semiconductor rally

Nikkei added 1.3% to 66,342.71 by 0204 GMT; Topix gained 0.6% to 4,067.98, boosted by AI and economy-sensitive stocks.

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By Junko Fujita TOKYO, Sept 30 (Reuters) — Japan's Nikkei share average rose on Wednesday, with AI-related stocks tracking gains in US semiconductor shares, while lower oil prices overnight lifted economy-sensitive stocks. 71, as of 0204 GMT. 98. 3%.

"Not just technology stocks, but also shares sensitive to the economy rose in the current session," said Daisuke Hashizume, senior strategist at Daiwa Securities. "But with more stocks falling in the overall market, investors were selective on stocks," he said. 03%, respectively. 21%.

8% after the company said it would form a business alliance with electronic parts maker TDK. 3%. 7%. 35%, respectively.

38%. 33%, with Mitsui OSK Lines advancing roughly 2%. Of more than 1,500 stocks trading on the Tokyo Stock Exchange's prime market, 44% rose, 51% fell and 3% traded flat. com;)