At the opening on the 28th, the Nikkei Average rose ¥141.74 from the previous weekend to ¥66,505.94, starting a 6-session winning streak as buying prevailed on the strength of U.S. stocks. The Tokyo market was strongly influenced by higher U.S. equities, while the futures settlement price was also ¥158 higher than at the end of the previous week.
On the 28th, the Nikkei Average rose ¥141.74 from the previous weekend to ¥66,505.94, starting trading higher for the 6th consecutive session. Buying came first against the backdrop of a rebound in U.S. markets, and the Nikkei began the session with a 6-session winning streak.
In the U.S. market on the 25th local time, the Dow rebounded after 4 sessions and the Nasdaq extended its gains on expectations that ceasefire negotiations between the U.S. and Iran would progress. Buying prevailed in the Tokyo market on the strength of U.S. equities. The yen-denominated settlement price for Chicago Nikkei futures was ¥66,455, up ¥155 from the previous weekend.
In the foreign exchange market, as of 9:00 a.m., dollar-yen was trading in the mid-¥157 range and the euro in the low-¥179 range, with external conditions overall supporting buying.
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