TSE temporarily recovers to 70,000 for the first time in 3 months; sharp rebound as US stock gains spread

The story

The Nikkei Stock Average temporarily recovered to 70,000 for the first time in 3 months. Buying dominated from shortly after the market opened, with the index at times showing a sharp rebound.

Buying also spread across the Japanese market against the backdrop of higher US stocks, and this was cited as a possible factor pushing up the Nikkei Average.

At a glance

MetricThe Nikkei Stock Average temporarily recovered to 70,000 for the first time in 3 months

ImpactThe rise in US stocks appears to have supported a rebound in the Japanese market

As ofMorning of the 5th

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What it links to

Market risk arising from fluctuations in interest rates, exchange rates and stock pricesLoosely related1 companies

8354+3.9%

Fukuoka Financial Group,Inc.Market risk arising from fluctuations in interest rates, exchange rates and stock prices

¥6,938

Where this came from

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