The Nikkei average extended its gains in the Tokyo stock market on the morning of the 26th, recovering to the ¥66,000 level after rising by more than ¥300 at one point. It closed the morning at ¥66,227.
The Nikkei average extended its gains in the Tokyo stock market on the morning of the 26th, rising by more than ¥300 at one point. The Tokyo market traded above the previous day's close during the morning session, recovering to the ¥66,000 level.
Some semiconductor-related stocks came under selling pressure early in the session, but buying returned across the market overall. Market participants were reportedly watching developments in semiconductor-related stocks as a continued indicator for the broader market.
Reports said that buying had returned to undervalued stocks. The article does not provide details on specific stocks or the breakdown by sector.