Nikkei Stock Average rises 1.25%, showing signs of recovery from last week's decline
In the Tokyo stock market, the Nikkei Stock Average rose immediately after the start of trading. Compared to the closing price at the end of last week, it increased by 1.25%, reaching 64,945.96 yen.
Last week, the Nikkei Stock Average fell significantly, recording a decline of 6.4% over the week. This rise in stock prices is seen as being primarily driven by a spread of buying back following last week's sharp drop.
Among market participants, attention is currently focused on the earnings announcements of major U.S. technology companies. Investors are maintaining a cautious stance as they seek to gauge the performance of these companies.
Moving forward, attention will remain on how overseas economic conditions and the earnings reports of major companies will impact the Japanese stock market. The market is expected to continue reacting sensitively to both domestic and international news.