The Nikkei 225 rebounded for the first time in 7 trading days, closing ¥898 higher than the previous day at ¥65,324. Buying back AI- and semiconductor-related stocks spread after the previous day's sharp decline.
On the 16th, the Nikkei 225 in the Tokyo stock market rebounded for the first time in 7 trading days, ending at ¥65,324, up ¥898 from the previous day. It opened at ¥64,925.29, and at one point the gain exceeded ¥700.
The previous day had seen the third-largest decline on record, prompting buying back concentrated in AI- and semiconductor-related stocks. However, profit-taking sales emerged ahead of corporate earnings releases from next week onward, limiting the closing price below its high.
In the Hong Kong market, AI-related stocks also fell sharply for the week, with issues including Yunji and Qunhe Technology declining. The Hang Seng Tech Index and China Enterprises Index posted notable declines, while the education, real estate, gold and pharmaceutical sectors rose toward the weekend.
Caution over US market trends and the sustainability of AI investment remains strong, and many market participants expect earnings announcements and fund flows from next week onward to be the market's focus. Some also said whether the index can recover to the ¥70,000 range will depend on earnings.