The Tokyo stock market rebounded sharply, with the Nikkei Average temporarily recovering the ¥70,000 milestone. The close was ¥1,637 higher than the previous day, helped by the performance of AI-related stocks.
In the Tokyo stock market at the start of the week, the Nikkei Average rebounded sharply and temporarily recovered the ¥70,000 milestone during trading.
It closed up ¥1,637 from the previous day, with buying in AI-related stocks said to have supported the market.
Reports said the momentum from higher U.S. stocks spread to the Japanese market, with buying broadening, particularly among AI-related stocks.