The Nikkei 225 opened modestly higher, but the momentum from buybacks after the opening narrowed the gains. This report covers movements in major markets as of 11:35 a.m.
The Nikkei 225 staged a modest rebound, trading at 64,557.96, up 232.32 points from the previous day. As of 11:35 a.m., buying-back activity was evident, but gains remained limited.
In the US market, the NY Dow closed at 53,061.95, up 295.07 points from the previous day, indicating continued risk appetite across the market. Meanwhile, the Shanghai Composite fell 38.50 points to 3,941.38.
In the foreign exchange market, USD/JPY stood at 157.79 as of 12:18 p.m. Movements in overseas markets may have influenced activity in Japanese equities.