On 10 September, the Nikkei 225 rebounded for the first time in 3 sessions on the Tokyo stock market. Buying emerged after the yen's appreciation paused, pushing the closing level up ¥128.17 from the previous day to ¥65,270.95. The TOPIX also edged higher, with prices recovering broadly despite subdued trading.
On 10 September, the Nikkei 225 closed at ¥65,270.95, up ¥128.17 from the previous day, marking its first rebound in 3 sessions. Buying emerged on the perception that valuations were attractive as the yen's appreciation paused, sending the index into positive territory. Overall trading sentiment was somewhat restrained, with investor caution ahead of the release of the U.S. wholesale price index prevailing.
By sector, securities and commodity futures, banks and insurance stocks rose. Nonferrous metals and construction stocks declined, however. Marketwide trading volume was 2.16817 billion shares and trading value was ¥8.3803 trillion, indicating less active trading than the previous day.
The Standard Market TOP 20 fell for the first time in 2 sessions. The Growth Market continued to decline, while some investors were seen avoiding buying stocks at elevated levels. Intraday price movements were limited, and there were few clear catalysts indicating the market's direction.
In the day's overview of the Tokyo market, cautious positioning ahead of developments in the yen and the release of U.S. economic indicators had an impact, but buying to cover previous positions was dominant overall. Investors maintained an approach of watching developments while looking for phases in which individual stocks were likely to stand out.