The Nikkei Stock Average extended its gains, while lower oil prices and higher U.S. stocks supported the market, and trading value remained at its lowest level in four months. Future developments will be closely watched, but at present there has been limited mention of trends in specific stocks.
The Nikkei Stock Average has extended its gains, with lower oil prices reportedly influencing the backdrop to trading. Some analysts also believe that buying interest is beginning to return, particularly in resource-related stocks.
Higher and lower prices in the U.S. market have also been cited as factors supporting movements in the Japanese market, with external factors reportedly influencing the market’s direction.
At the same time, trading in the market has been thin, and trading value is reportedly at its lowest level in four months. Some observers have pointed out that investors are maintaining a wait-and-see stance.
The latest moves reflect a mix of short-term factors, and further developments may be reported in subsequent updates.