At the opening on the 22nd, the Nikkei Average initially fell back but then turned higher as expectations for further gains spread amid earnings season. Developments in overseas markets and foreign exchange movements were also reported.
The Nikkei Average opened at ¥64,539.36 on the 22nd, down ¥81.88 from the previous day, and initially moved lower before turning higher as expectations for further gains provided support.
The day's movements were reportedly influenced by developments in the U.S. market. The Dow extended its gains and the Nasdaq Composite rebounded, while there were also reports that Meta's earnings pushed up its share price in after-hours trading.
Movements in Chicago Nikkei futures were also reported based on Osaka Exchange settlement prices, with the Nikkei futures settlement price ¥235 higher than the previous day.
In the Tokyo foreign exchange market, the dollar-yen rate was reportedly trading in the lower ¥158 range, while euro-yen was in the mid-¥177 range.