Technology stocks led buybacks following gains in US stocks, recovering the psychologically significant 65,000 level [Closing]

The story

Against a backdrop of gains in US stocks, buybacks led by technology stocks advanced in the Japanese market. Investors are believed to have increased their risk appetite, taking cues from trends in the US market.

The Nikkei 225 closed at 65,020.94, up ¥806.46 from the previous day, for a gain of 1.26%. The market was reportedly supported by early buying following the upward trend in US stocks.

The day's price movement brought the index back above the psychologically significant 65,000 level.

At a glance

Nikkei 225Closed at 65,020.94, up 806.46 points from the previous day, or 1.26%

OutlookBuybacks, led by technology stocks, advanced following gains in US stocks

LevelRecovered the psychologically significant 65,000 level

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