The Nikkei rebounded in the morning session, up ¥837 at the morning close. Key stocks in focus included Taiyo Yuden, TDK, SoftBank Group, Pan Pacific International Holdings and Qualipus.
Taiyo Yuden, TDK, SoftBank Group, Pan Pacific International Holdings and Qualipus led market movements in the morning session, with their share-price performance becoming a market focus.
The Nikkei’s sharp month-end rise increased the likelihood of a monthly gain. Views were expressed that the Nikkei had risen by more than 20% in September, with SoftBank Group contributing to the advance. By stock-level performance, the TSE Standard and TOPIX Value also remained firm.
In the Nikkei’s regular rebalancing, the new additions were JX Advanced Metals, Kokusai Electric and Capcom, while the deletions were ARCHIO, Konica Minolta and Kanadevia.
It was also reported that the Nikkei rebalancing took place at today’s close, with large-scale selling in Advantest. Among recent IPO stocks, Kagayaki Holdings, Audio S, Layered, Vertex, Krasus and Skyfall rose sharply.