On the 9th, the Nikkei Stock Average reversed course from a sharp decline and rose following the results of the US midterm elections, gaining more than ¥2,000 intraday. Although the gain narrowed in the afternoon, the closing price recovered to the ¥58,000 range.
At the start of the week, the Tokyo market changed course from the previous Friday's sharp decline following the results of the US midterm elections. Buying orders spread, and the Nikkei Stock Average rose by more than ¥2,000 at one point. The movement in technology-related stocks triggered buying across a broad range of issues.
After that, there were times when the gains on long positions narrowed, but the Nikkei Stock Average ultimately settled at a level that recovered the ¥58,000 range on a closing-price basis. It has been reported that investor sentiment improved in response to the market's movement at the start of the week.
Relatedly, the morning's movement on the same day saw developments in the US market and sentiment toward technology stocks spread to the Japanese market, and a period in which buying was likely to enter a broad range of issues continued, according to reports. Future developments are expected to depend on subsequent market trends in the US and progress in corporate earnings announcements.
The article does not list detailed issue names, a breakdown of net buying and net selling, or figures for the Nikkei Stock Average's daily percentage changes.