[Kyodo News, September 25]The Tokyo stock market Nikkei Index ushered in a new week on the 25th, rebounding after four trading days, closing 276.21 points higher than last Friday, at 32678.62 points, an increase of 0.85%. As the cumulative decline in the four trading days as of last Friday exceeded 1,100 points, investors have been buying oversold stocks.
The Topix Index (TOPIX) rose 9.23 points to 2385.50 points, an increase of 0.39%. Approximately 1.269 billion shares were traded throughout the day.
Affected by the decline in the US Dow Jones Index last Friday, the Nikkei Index also fell in early trading on the 25th, but the gains gradually expanded thereafter. It rose more than 300 points during midday trading.
Electrical and pharmaceutical stocks, which fell significantly last week, were favored. The Bank of Japan decided to maintain its large-scale monetary easing policy on the 22nd, and predictions that the central bank would adjust its policy at an earlier stage have weakened, supporting investor psychology. (over)
2023-09-25 11:25:32
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