TOKYO, Oct. 30 (Xinhua) -- Tokyo stocks continued its upward trend on Wednesday, extending gains for a third day following a U.S. tech stock surge.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, rose 0.96 percent, or 373.71 points, to close at 39,277.39.

U.S. tech optimism, driven by strong demand for AI-related semiconductors, and Japan's post-election stock recovery, spurred the buying.

Japanese semiconductor-related stocks rose on upbeat investor expectations, while stocks such as Komatsu and Hino Motors saw losses after underwhelming earnings.

The Bank of Japan's current policy meeting, widely expected to maintain interest rates, kept market sentiment stable, although profit-taking slightly tempered gains in the afternoon.

The broader Tokyo Stock Price Index also gained, closing 21.70 points, or 0.81 percent higher, at 2,703.72.

Of the listed stocks on the top-tier Prime Market, 907 advanced, 677 declined, and 61 remained flat. Enditem

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