The Nikkei Average opened the afternoon session at ¥59,232.40, up ¥1,797.63 from the previous weekend. Dollar/yen was around ¥158.32 as of 12:30 p.m.
The Nikkei Average opened the afternoon session ¥1,797.63 above the previous weekend's level, starting at a level above the closing price. It is currently trading around ¥59,232.40.
In the foreign exchange market at the same time, dollar/yen remained in the low ¥158 range, and may have been influencing overall market trends against the backdrop of the Nikkei Average's movement.
As a market indicator, the Nikkei Average was shown at ¥59,238.38, up +1,803.61 from the previous day, with market participants reportedly expecting US market and foreign-exchange movements to have an impact.
The news headlines also mentioned high-level consolidation in Tokyo stocks and buying back prompted by gains in US semiconductor stocks, drawing attention to movements in individual stocks.