The Nikkei average rebounded in the Tokyo stock market on the 21st, closing at ¥66,421.24, up ¥545.82 from the previous day. Shares of ride-hailing app GO rose 7%, amid reports that SBI Securities had given GO its highest rating.
The Nikkei Stock Average rebounded in the Tokyo stock market on the 21st, closing ¥545.82 higher than the previous day at ¥66,421.24. Buying prevailed across the market as investors showed a greater willingness to take on risk, supported by gains in the Dow Jones Industrial Average.
There was also a positive reaction to SpaceX's earnings, while sentiment remained firm toward Nasdaq 100 futures and sectors of the Korea Composite Stock Price Index with high weightings of semiconductor stocks.
Regarding GO, which was the subject of market speculation that day, reports said that shares of the ride-hailing app had risen 7%, while market sources said SBI Securities had assigned its “highest rating” to GO.
These developments were compiled as the market reaction in that day's Japan stock market summary.