The Nikkei Average rebounded sharply in morning trading, rising approximately ¥850 from the previous day. Gains among constituent stocks stood out, with Kioxia, Taiyo Yuden and Ibiden among the top performers.
The Nikkei Average rose approximately ¥850 from the previous day, trading around ¥64,120. At 10:43 a.m., it climbed as high as ¥64,260.86.
Kioxia, Taiyo Yuden, Ibiden, Renesas and SUMCO ranked among the top percentage gainers among Nikkei Average constituent stocks. Meanwhile, Capcom, Canon, Nitto Denko, Konami Group and Kirin Holdings were among the top percentage decliners.
As a backdrop to the market, gains in the U.S. Dow Jones Industrial Average, Nasdaq Composite and SOX, along with the firm performance of the Korea Composite Stock Price Index (KOSPI), supported Japanese stocks. The exchange rate was range-bound around ¥157.90 to the dollar.
The information was provided by Wealth Advisor and covered trading trends in the Nikkei Average and stock-specific performance among its constituent stocks.