Tokyo stocks rebounded after falling the previous day. At the morning opening, the Nikkei Stock Average was up ¥399.17 from the previous day at ¥64,724.81, with buying prevailing against a backdrop of gains in U.S. stocks.
At the morning opening, the Nikkei Stock Average started at ¥64,724.81, up ¥399.17 from the previous day. Stocks appeared attractively priced following the sharp drop, and buying led the market.
Buying impetus from gains in U.S. stocks spread to Japanese equities, prompting views that the market as a whole had entered a rebound phase.