The Nikkei 225 rebounded for the first time in five sessions, closing at ¥60,020.94. Lower interest rates provided the backdrop, while some AI-related stocks remained firm.
The Tokyo stock market’s Nikkei 225 rebounded for the first time in five sessions, ending up ¥806.46 from the previous day at ¥60,020.94. Buying prevailed toward the close, and trading in individual stocks was also active.
Across the broader market, a pause in the rise in interest rates provided support, helping risk appetite recover. Following the Nikkei 225’s rebound, buying spread mainly across cash equities.
The focus of the news was the reported firmness of some AI-related stocks, with speculation also emerging that AI-related names had provided a relative boost to the market.
Although price movements were limited at the close, investors’ attention has turned to upcoming economic data and announcements on monetary and financial developments.