Money and business

Artificial intelligence sector drives the index "Nikki" towards its highest levels

TOKYO, April 20, 2017 (WAM) – Japan’s Nikkei index rose today, approaching its all-time high, which it recorded last week, driven by optimism about the thriving artificial intelligence sector.

The benchmark Nikkei 225 index rose 0.97 percent to 59,045.45 points at the mid-day break of the trading session, approaching its highest daily level of 59,688.10 points, which it recorded last Thursday. The broader Topix index rose 0.67 percent to 3,786.07 points.

138 stocks rose on the Nikkei index, compared to a decline of 86 stocks. The shares of SoftBank Group, which is among the largest investors in artificial intelligence, and the shares of the chip sector supplier Lasertech were among the stocks that rose the most on the index, increasing five percent and 5.6 percent, respectively.

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