In the Tokyo stock market on the 11th, the Nikkei average rose for a third consecutive session, closing ¥789.01 higher than the previous day at ¥61,248.59. SoftBank Group absorbed post-earnings selling and showed resilience.
In the Tokyo stock market on the 11th, the Nikkei average rose for a third consecutive session, closing at ¥61,248.59. Buying dominated as investors saw value in share prices following the sharp decline after the US midterm elections and as supply-demand conditions improved.
SoftBank Group absorbed post-earnings selling and at times turned higher, supporting investor sentiment.
The rise in South Korea's Composite Stock Price Index (KOSPI) also provided a tailwind for the broader market, and some viewed this as evidence of greater investor risk tolerance.