The Nikkei rebounded at the open, starting more than ¥647 higher. Falling oil prices were welcomed by investors, while the firm SOX index also supported the broader market.
At the Tokyo stock market opening, the Nikkei average was ¥66,128.59, up ¥647.32 from the previous day, as trading began with a rebound. Falling oil prices supported investor risk appetite, and a broad range of stocks, including those favored by retail investors, attracted buying. The firm SOX index in the previous day's US market also lifted the market.
Among individual stocks, SoftBank Group started with buying interest, while semiconductor-related stocks such as Advantest and Tokyo Electron were modestly firm. Among major stocks, Toyota Motor traded firmly, while Sony Group traded slightly lower.
Meanwhile, oil stocks such as ENEOS Holdings were soft. Buying appeared broad-based overall, and the Nikkei opened with its rebound intact.
As a note, the article does not contain specific information on future catalysts or investment judgments.