On Monday, Japan’s benchmark Nikkei 225 rebounded more than 3 percent after a steep 3,600‑point plunge on Friday, its third‑largest point drop on record. According to Xinhua, the 225‑issue index closed at 59,411.34 on Friday and rose 1,976.57 points, or 3.44 percent, to 61,388.90 in the morning session. The broader Topix index also climbed, up 126.84 points, or 3.42 percent, to 3,834.83.
The rally followed a late‑week rebound on Wall Street, where technology shares regained some ground after heavy selling pressure amid concerns over tighter regulation of data‑center construction and artificial intelligence investment following the U.S. midterm elections. The buying spread across a broad range of issues as investors moved in to pick up bargains following the market’s steep losses.
Asian stocks also advanced, with the MSCI Asia Pacific Index jumping 2.5 percent amid a 5.9 percent rise in Taiwan’s Taiex and a 3.4 percent climb in Japan’s Nikkei, according to Swissinfo. This broader regional momentum helped underpin Japan’s strong morning performance.
