The Nikkei 225 rose sharply on the first trading day of the week, gaining ¥1,340 late in the session after temporarily rising by more than ¥2,000. AI-related and semiconductor stocks rose in the US market, while caution over AI regulation remains.
The Nikkei 225 ended sharply higher on the first trading day of the week, rebounding from the previous day's steep decline. The article does not specify the exact level, but reports that the market was in a rebound phase.
The Nikkei 225 was up ¥1,340 at one point after the afternoon session began.
At one point during trading, the index also rose by more than ¥2,000, with buying to cover short positions reportedly gathering momentum.
AI-related and semiconductor stocks rose in the US market, which is seen as supporting the rebound in Japanese equities. At the same time, caution over AI regulation continues to affect market sentiment.