Tokyo stocks rebounded on the morning of the 9th, with the Nikkei 225 rising to around ¥1,977 above the previous weekend's close. As buying spread, Mitsubishi Heavy Industries led the market higher after presenting three key measures: an outlook for record profit, a share buyback and a massive investment plan.
The Nikkei 225 rebounded in morning trading in Tokyo on the 9th, ending at ¥59,411.34, up ¥1,976.57 from the previous weekend. The market showed broad-based gains against a backdrop of a generally stronger US stock market, with buying in strong-performing stocks driving the market higher.
Mitsubishi Heavy Industries led the advance, surging after announcing three key measures: an outlook for record profit, a share buyback and a massive investment plan. The company's move became a catalyst for buying across the market, with purchases leading from the opening.