The Nikkei Average rebounded for the first time in 3 days, closing at ¥65,856, up ¥328 from the previous day. With few catalysts and light trading continuing, gains in the KOSPI supported the market, while buybacks prevailed in Kioxia.
The Nikkei Average rose ¥328 to ¥65,856 at the close, rebounding for the first time in 3 days.
Kioxia rebounded as buybacks prevailed, with some attributing the move to concerns over intensifying memory competition with China.
DOUTOR NICHIRES Holdings updated its all-time high, supported by strong sales of seasonal drinks and food products.
Apparel stocks were firm, with WORLD reaching an all-time high as demand for summer products, including parasols and UV-protection items, expanded.
Nationwide department store sales rose 5.1% in July, marking a seventh consecutive month of growth. Travel demand and customer traffic generated by events also contributed.