The Nikkei Average rebounded sharply for the first time in 7 sessions, rising ¥898.34 from the previous day to close at 65,324.29 yen and recovering to the ¥65,000 range. TOPIX also rebounded sharply, with AI-related stocks driving the market.
Buying in reaction to the previous day's sharp decline spread, and the Nikkei Average rebounded for the first time in 7 sessions, rising to 65,324.29 at the close. TOPIX also rebounded sharply to 4,066.00 points, recovering to the 4,000-point range. Investors continued to buy back stocks, particularly AI-related names, while remarks by Fed Chair Warsh on monetary policy also helped reassure the market.
At 2:01 p.m., the Nikkei Average rose to 65,712.30 at one point, but narrowed its gains toward the close and ultimately maintained a sharp rise from the previous day.
Trading volume on the Tokyo Stock Exchange Prime Market was 2.37905 billion shares, and trading value was ¥7.6686 trillion. Of the listed issues, more than 12 rose and approximately 28 fell, with trading across the market showing broad-based gains.
By sector, 32 of the 33 sectors rose, with Other Products, Machinery, Insurance, Transportation Equipment, Electric Appliances, Precision Instruments and Construction among those gaining more than 2%. Electricity and Gas, by contrast, declined.
Among individual stocks, 大末建, テラスカイ, ベイカレント, SHIFT and 宝ＨＬＤ rose. HIOKI, YTL, オーケストラ, オープンＧ and ウィルＧ, meanwhile, fell.