At the close on the 21st, the Nikkei Average rebounded to ¥64,621.24, up ¥545.82 from the previous day. Buying led the market on positive AI-related news, while selling into rebounds kept the upside constrained.
At the close on the 21st, the Nikkei Stock Average stood at ¥64,621.24, up ¥545.82 from the previous day, marking its first rebound in 3 sessions. The index rose in the morning, but gains narrowed in the afternoon as selling from investors waiting for a rebound weighed on the market amid a lack of fresh catalysts.
Trading volume on the TSE Prime Market was 21,709,030,000 shares, and trading value was ¥6.9265 trillion. By issue, 982 stocks advanced, 521 declined and 50 were unchanged.
Twenty-four of the 33 sectors rose. Nonferrous metals, banks, insurance, securities, real estate, electrical equipment and shipping stocks, among others, attracted firm buying, while retail and pulp and paper stocks were weak.
AI-related stocks were bought following strong earnings from leading U.S. AI-server maker Super Micro Computer, while the firm KOSPI also supported the market. In foreign exchange, the yen strengthened from the low ¥158 range per dollar toward the afternoon.