The Nikkei 225 Index experienced a positive trading day, recovering from a recent decline. Risk sentiment improved, leading to a rebound primarily driven by technology shares. Investors are also anticipating the upcoming lower house snap election, seeking further clarity on future policy directions.
- The Nikkei 225 Index climbed 0.85% to close at 53,333.
- The broader Topix Index rose 0.31% to 3,564.
- Technology shares led the rebound, fueled by the global shift toward artificial intelligence.
- Sentiment stabilized after concerns over a potential coordinated intervention to support the yen.
- Investors are looking ahead to the lower house snap election for greater clarity on the policy outlook.
- Strong gains were seen in Kioxia Holdings (5.7%), Advantest (5.9%), Disco Corp (3.7%), Lasertec (3.4%) and Tokyo Electron (2.5%).
This suggests a positive short-term outlook for the Nikkei, particularly for technology-related companies. The recovery indicates renewed investor confidence, supported by the anticipation of favorable policy changes following the upcoming election. Gains in specific technology stocks further point to the potential for continued growth in that sector.