AIRLINK 196.11 Increased By ▲ 1.28 (0.66%)
BOP 9.84 Increased By ▲ 0.03 (0.31%)
CNERGY 7.50 Increased By ▲ 0.14 (1.9%)
FCCL 40.46 Increased By ▲ 1.88 (4.87%)
FFL 16.52 Increased By ▲ 0.07 (0.43%)
FLYNG 28.48 Increased By ▲ 0.94 (3.41%)
HUBC 133.44 Increased By ▲ 1.69 (1.28%)
HUMNL 13.87 Increased By ▲ 0.01 (0.07%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 6.64 Decreased By ▼ -0.02 (-0.3%)
MLCF 47.02 Increased By ▲ 1.63 (3.59%)
OGDC 217.40 Increased By ▲ 3.41 (1.59%)
PACE 6.90 Increased By ▲ 0.04 (0.58%)
PAEL 40.50 Increased By ▲ 0.44 (1.1%)
PIAHCLA 17.35 Increased By ▲ 0.56 (3.34%)
PIBTL 8.41 Increased By ▲ 0.09 (1.08%)
POWER 9.70 Increased By ▲ 0.27 (2.86%)
PPL 185.00 Increased By ▲ 2.81 (1.54%)
PRL 42.44 Increased By ▲ 0.61 (1.46%)
PTC 24.90 Increased By ▲ 0.34 (1.38%)
SEARL 105.62 Increased By ▲ 3.09 (3.01%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.15 Increased By ▲ 0.71 (1.8%)
SYM 17.45 Increased By ▲ 0.12 (0.69%)
TELE 8.80 Increased By ▲ 0.04 (0.46%)
TPLP 12.80 Increased By ▲ 0.05 (0.39%)
TRG 66.24 Increased By ▲ 0.84 (1.28%)
WAVESAPP 11.21 Increased By ▲ 0.10 (0.9%)
WTL 1.71 Increased By ▲ 0.01 (0.59%)
YOUW 4.04 Increased By ▲ 0.10 (2.54%)
BR100 12,091 Increased By 117.1 (0.98%)
BR30 36,748 Increased By 601.2 (1.66%)
KSE100 114,293 Increased By 849.9 (0.75%)
KSE30 35,931 Increased By 295.6 (0.83%)

TOKYO: Japan’s Nikkei share average posted a two-week closing high on Wednesday, powered by SoftBank Group and other technology stocks after US President Donald Trump announced a private sector investment of up to $500 billion to fund AI infrastructure.

The Nikkei ended 1.58% higher at 39,646.25, its highest close since Jan. 8, in a three session rally.

Trump said that ChatGPT’s creator OpenAI, SoftBank Group and Oracle are planning a joint venture called Stargate, which he said will build data centres and create more than 100,000 jobs in the United States.

“Today’s market is dominated by the news about Trump’s AI investment announcement. Investors have already shrugged off concerns about his tariff plans and instead focused on positive elements,” said Shuutarou Yasuda, a market analyst at Tokai Tokyo Intelligence Laboratory.

Comments

200 characters