The Nikkei 225 rebounded sharply in morning trading on the 16th, the first such rebound in 7 business days, reaching approximately ¥1,170 above the previous day's close shortly before 10 a.m. The TOPIX also rose, with buying spreading across the broader market. Against the backdrop of a rebound in US markets, investors are buying back shares in sectors including electrical equipment and nonferrous metals.
The Nikkei 225 rebounded sharply in morning trading on the 16th, the first such rebound in 7 business days. As of 10:08 a.m., it was trading approximately ¥1,170 above the previous day's close, while the TOPIX had also recovered, up approximately 65 points. Buying led from the opening, with the Nikkei 225 starting around ¥500 higher before widening its gains.
By sector, 28 of the 33 sectors rose. Other products, services, electrical equipment, information and communications, and nonferrous metals gained more than 2%, while machinery and real estate also rose. Electricity and gas, marine transportation, and pulp and paper, meanwhile, were lower.
Among individual stocks, 大末建, ベイカレント and SHIFT were poised to hit their daily price limits, while テラスカイ and グロービング also rose. HIOKI, ソースネクス, YTL, ウィルG and MSJP, meanwhile, fell.