Japanese stocks rebounded immediately after the open on the 9th. Buying has become more likely as valuations appear attractive following the sharp decline, helped by the recovery in US semiconductor-related stocks.
The Japanese market rebounded immediately after the open on the 9th. In early trading, share prices, led by the Nikkei 225, posted gains, with the market attempting to rebound from levels near the previous day's close.
Reports that semiconductor-related stocks had recovered in the US market spread expectations that the move was influencing trends in Asian markets.
Following the sharp decline, the market as a whole showed signs of holding firm, and there were periods when investors' buying appetite remained resilient. Buying was said to be likely to emerge as valuations appeared attractive, creating a phase suggestive of a short-term reversal.