The Nikkei rebounded for the first time in 4 days, closing at ¥63,923 and holding near its high. Buying led the market at times in the afternoon, but trading activity contracted ahead of the FOMC.
The Nikkei Stock Average closed ¥438 higher at ¥63,923, while the TOPIX also rebounded. The market firmed toward the afternoon, but trading volume declined.
LME copper prices fell to their lowest level in one and a half months, amid speculation that moves to restrain AI development had influenced the market.
Shin-Etsu Chemical announced a 100th-anniversary commemorative dividend, and its share price rose 2% that day. Reports indicated that sales of semiconductor materials were also strong.
UK CPI rose 3.1% year on year in August. Higher motor fuel and transport prices were cited as factors behind the increase.
The number of visitors to Japan fell 9.6% year on year in August. Visitors from China were reported to have declined 59%.