The Nikkei Average staged a rebound after falling as low as ¥64,670. Whether it can hold ¥66,000 on the 31st will be the focus, while pre-opening moves on the morning at the end of August are expected to influence the market’s subsequent direction.
Before the Tokyo stock market opened at the end of August, the Nikkei Average temporarily fell as low as ¥64,670 in response to the previous week’s price movements. It subsequently showed signs of recovering, suggesting a rebound ahead of the market open.
Against the backdrop of movements through the 28th, attention will focus on whether the Nikkei Average can rise again in trading on the 31st and hold the ¥66,000 level. Depending on intraday price movements, the closing price and opening level may also be affected.