Following the sharp decline the previous day, Tokyo stocks rebounded in morning trading on the 16th. The Nikkei 225 opened at ¥64,925.29, up ¥499.34 from the previous day.
The Nikkei 225 opened the morning session at ¥64,925.29, up ¥499.34 from the previous day. Buying prevailed after the previous day’s sharp decline, sending the index higher in a rebound.
The article attributes the rebound to buying for a technical rebound on perceived value, and reports market movements at the open.
Yahoo! Finance has summarized and reported this news based on a dispatch from Jiji Press.