Nikkei 225 recovers 60,000 mark in morning session... 52% of gains from 3 stocks

Japan’s Nikkei 225 rose 2.89% to 60,475.78 in the morning session on April 10, up 1,700.28 points from the prior close and reclaiming the 60,000 level. Three stocks accounted for about 52% of the gain: SoftBank Group contributed 400.48 points, Tokyo Electron 245.24 points and Advantest 239.48 points, totaling 885.20 points. The prior session had already closed 2.33% higher at 58,775.50, with 208 of the index’s 225 constituents advancing. In the April 10 morning session, breadth narrowed to 167 advancers, 57 decliners and one unchanged. The concentration in a handful of heavyweight technology names matters because it leaves the index vulnerable to sharp reversals if those stocks stall; watch whether participation broadens beyond SoftBank and chip-equipment makers.