The Nikkei average closed at ¥65018.95, up ¥882.70 from the previous day. The TOPIX ended at 4091.14pt, down 3.05pt, as the market posted a sharp rebound.
The Nikkei average closed at ¥65018.95, up ¥882.70 from the previous day, rising 1.38% on the day. The TOPIX ended at 4091.14pt, down 3.05pt from the previous day.
Major news included remarks by the Bank of Japan governor emphasizing the policy of raising interest rates, the finance minister's intention not to hesitate to conduct coordinated intervention, and the outlook regarding the impact of developments in the United States. Economic and consumer-related developments were also reported, including the prospect that rice prices would return to the ¥2,000 range for the first time in about two years, price increases for Starbucks staples, and higher admission fees at national museums.
Regarding market trends, reports attributed the continued rise on the TSE to a sense of relief following the Bank of Japan's decision to raise interest rates further. The Nikkei average ended the session while maintaining its gain at the close.