TOKYO, Nov. 19 (Xinhua) -- Tokyo stocks rebounded on Tuesday following gains in U.S. tech stocks overnight, with semiconductor-related stocks leading the buying momentum.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, gained 193.58 points, or 0.51 percent, to close at 38,414.43.
Market analysts noted a widespread move to buy back semiconductor-related stocks that had declined in the previous days.
Additionally, companies reporting profit increases in their mid-term financial results outnumbered those reporting declines, which reinforced the view that Japan's domestic economic outlook remains solid, leading to buying activity focused on domestic demand-related stocks.
The broader TOPIX index also rose, ending 18.27 points, or 0.68 percent, higher at 2,710.03.
Of the listed stocks on the top-tier Prime Market, 1,080 rose, 502 declined and 63 remained unchanged. ■