Skip to main content
PulseWire News

Japan's Nikkei 225 rebounds over 3 percent after Friday's 3,600‑point drop

The benchmark Nikkei 225 surged more than 3 percent in Monday's morning session, rebounding from a sharp fall on Friday, according to Xinhua.

By PulseWire NewsSource: english.news.cn1 min read
Japan's Nikkei 225 rebounds over 3 percent after Friday's 3,600‑point drop
Image via english.news.cn

In brief

Japan’s Nikkei 225 jumped over 3 percent on Monday after a steep 3,600‑point drop on Friday, marking a rebound that followed a late‑week rise on U.S. Wall Street. Xinhua reported a 1,976.57‑point climb to 59,411.34, while Swissinfo noted a 3.4 percent rise. The rebound aligns with technology‑share gains amid easing regulatory concerns after U.S. midterm elections.

Japan’s benchmark Nikkei 225 jumped more than 3 percent in Monday’s first trading hours, rebounding from a steep 3,600‑point drop on Friday, Xinhua reported.

The index climbed 1,976.57 points to 59,411.34, a 3.44 percent gain, while the broader Topix index rose 126.84 points, or 3.42 percent, to 3,834.83, the outlet said.

Swissinfo had noted the Nikkei accelerated 3.4 percent, a figure in line with Xinhua’s numbers.

Friday’s swing was the third‑largest point drop in the index’s history, plunging over 3,600 points, a headline Xinhua highlighted.

Rebounds on U.S. Wall Street—a late‑week gain where technology shares reclaimed 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—fed the rally, Xinhua said.

Buying spread across a wide range of stocks as investors sought bargains following the market’s sharp losses, the report added.

Topics

More on this story