The Nikkei opened on the 28th at ¥66,505.94, up ¥141.74 from the previous weekend. Buying prevailed against the backdrop of stronger U.S. stocks, while the yen-denominated settlement price for Chicago futures was around ¥66,455.
The Nikkei Average opened on the 28th at ¥66,505.94, up ¥141.74 from the previous weekend. U.S. equities provided a buying catalyst, with the NY Dow rebounding after 4 sessions and the Nasdaq extending its gains. Buying prevailed in the Tokyo market on the strength of U.S. stocks, and the Nikkei began the session higher for the 6th consecutive time. The yen-denominated settlement price for Chicago Nikkei futures was ¥66,455, up ¥155 from the previous weekend.
In the Tokyo foreign exchange market, as of 9:02 a.m., the dollar traded at around ¥157.50 and the euro at around ¥179.50.
According to Wealth Advisor, the related market continued to be dominated by buyers after the Nikkei’s opening, supported by the strength of U.S. stocks. Related news also covered pre-opening information for the morning session and trends in leading stocks that were moving to the fore.