Tokyo stocks rebound on bargain hunting-Xinhua

Tokyo stocks rebound on bargain hunting

Source: Xinhua

Editor: huaxia

2025-09-02 15:41:17

TOKYO, Sept. 2 (Xinhua) -- Tokyo stocks rebounded on Tuesday, with broad-based buying aimed at technical recovery following the sharp decline the previous day.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed at 42,310.49, up 121.70 points, or 0.29 percent, from the previous session.

Value-oriented sectors such as trading houses, shipping, and steel led the gains, at one point lifting the index by more than 200 points.

However, semiconductor-related stocks, including Advantest, remained weak after the previous day's steep fall, briefly dragging the index back into negative territory.

A weaker yen against the U.S. dollar boosted auto shares. Among tech stocks, Tokyo Electron and Fujikura edged higher, while Disco and Lasertec declined, leaving the sector mixed.

The broader Topix index rose 18.69 points, or 0.61 percent, to close at 3,081.88.

On the Tokyo Stock Exchange Prime Market, gainers totaled 1,012, while 555 fell and 51 were unchanged.