The Nikkei 225 experienced a strong rebound on Friday, reversing earlier losses and outperforming regional markets amidst volatility. Investor focus centered on the upcoming national election, with expectations of a ruling coalition victory driving positive sentiment. Tech shares led the recovery, supported by gains in consumer and financial stocks.
- The Nikkei 225 rose 0.81% to close at 54,254.
- The broader Topix Index gained 1.28% to 3,699.
- Investors focused on the upcoming national election.
- Japanese tech shares led the recovery.
- Key gainers included SoftBank Group (2.2%), Advantest (1.2%), Disco Corp (1%), Fujikura (3.4%), and Lasertec (4.5%).
- Consumer and financial stocks also gained, including Toyota Motor (2%), Sony Group (4.8%) and Mitsubishi UFJ (2.5%).
- The Nikkei advanced 1.75% for the week.
The market data suggests a positive outlook for the Nikkei, driven by political expectations and strong performance in key sectors like technology, consumer goods, and finance. The index’s resilience in the face of broader regional volatility indicates underlying strength and investor confidence, further supported by overall weekly gains.