Nikkei Edges Higher on Electronics Gains Amid BOJ Policy Jitters
Tokyo stocks ended mixed on July 30 as the Nikkei 225 closed at 61,683.96, up 0.4%, with gains in electronics and selected semiconductor-related shares offsetting selling in financial stocks ahead of the Bank of Japan's policy decision.
The broader TOPIX fell 0.6% to 3,949.23, showing that the day's gains were concentrated in a narrower group of Nikkei heavyweights while the wider market remained under pressure.
The split followed two days of sharp volatility in which the Nikkei was driven largely by swings in artificial intelligence, semiconductor and technology-related shares.
Nikkei 225 rose modestly but importantly after falling heavily on July 28 and July 29. Investors remained cautious, but the market avoided a third straight decline as bargain buying returned to some electronics names and as selling in the most volatile AI shares appeared to slow.