Nissan Motor's share price was reported to have rebounded for the first time in 4 days, with buying reportedly driven by the apparent undervaluation indicated by technical indicators and the stock's attractive price level.
The Nikkei Average rose ¥898.34 from the previous day to ¥65,324.29 on the 16th, rebounding for the first time in 7 days. Buying led from the opening, with broad-based purchases focused on AI and semiconductor-related shares.
The New York Dow rebounded for the first time in 3 days on the 15th, rising 556 points to 52,177.
In the foreign exchange market, the yen traded in the upper ¥157 range to the US dollar, while automotive shares rose across the board.