The Nikkei 225 rose 1.16% to 68,308.59 on Thursday as semiconductor names rallied and banks repriced for a possible near-term BOJ hike. The yen held near 159.39, JGB yields pushed higher across the curve, and the TSE short-selling ratio came in at 41.8%.
The Nikkei 225 closed just 0.12% lower at 65,606.71 after recovering from a 1,000-point intraday drop driven by chip-related names. Breadth was positive, the short-sell ratio eased to 37.1%, and the yen gave back intervention gains at 158.45.
The Nikkei 225 fell 0.93% to 65,683 as Tokyo Electron and SoftBank dragged, yet 15 of 17 sectors advanced and the TOPIX proxy gained 0.57%. Short selling eased to 39.9% of turnover as money rotated from semis into pharma, foods and autos.
The Nikkei 225 jumped 2,342.91 points to 66,300.44 on Wednesday as an overnight surge in US chip names lit up Tokyo’s AI complex. SoftBank Group soared 13.96%, Advantest 8.77%. The TSE short-selling ratio eased to 41.8% — still defensive, but the least so in three sessions.
The Nikkei 225 closed at 63,957.53, down 0.63%, while the TOPIX proxy edged higher — a split tape as semiconductor-equipment and heavy-industry names surged against weakness in banks, exporters and index heavyweights. Short selling stayed elevated at 45.3% of TSE turnover.
The Nikkei 225 fell 0.94% to 63,754.90 on Monday as a confirmed joint Japan-US yen-buying intervention sent the dollar down 2.12% to 156.79, pressuring exporters. Fanuc cratered 14% on heavy volume, the TSE short-selling ratio held at an elevated 45.4%, and the Nikkei VI jumped to a stressed 35.50.
The Nikkei 225 jumped 4.03% to 64,362.02 on a narrow, semiconductor-led rebound while the BOJ held rates at 1.0% with one dissent and USD/JPY closed at 160.28 amid intervention talk. The TSE short-sell ratio hit 43.8% — defensive positioning even into strength.
Japan’s Ministry of Finance decides currency intervention and the Bank of Japan merely executes it, funded from the Foreign Exchange Fund Special Account. Traders track a three-step escalation — scripted verbal warnings, rate checks, then actual yen-buying — and confirm operations after the fact through MOF’s monthly disclosures and BoJ current-account projections. Here is the full mechanism.
Tokyo surrendered an early tech-led rally on Tuesday, with the Nikkei 225 slipping 0.18% to 66,115.60 while banks and trading houses pushed TOPIX higher. The yen sank to 163.05 per dollar, JGB yields ground higher, and the TSE short-selling ratio jumped to 43.0% — the top of its recent range.
Why a weaker yen historically lifts Toyota, Sony, and the Nikkei — and when it stops working. A practical guide to the translation channel, assumed exchange rates, and reading USD/JPY alongside the Tokyo close.