The Nikkei 225 rebounded in the Tokyo market in the morning, rising to a morning close of ¥64,082.36, up ¥589.37 from the previous day. Although lower US stocks weighed on the market, buying to cover positions spread and helped support prices.
The Nikkei 225 rebounded in Tokyo trading on the morning of the 15th, at one point gaining more than ¥600 and recovering the ¥64,000 level. Lower US stocks had weighed on the market in early trading, but buyback buying prevailed and provided support.
The morning closing level was ¥64,082.36, up ¥589.37 from the previous day's close, while the TOPIX fell 1.15 points to 4,057.06. The Nikkei average had fallen more than ¥1,700 over the 2 trading days through the previous day, prompting stronger buyback buying.
SoftBank Group, which had fallen sharply the previous day, and semiconductor giant Kioxia Holdings were bought, providing support for the market. Although the impact of lower US stocks remained, the market generally recovered somewhat on the back of buyback buying.