The Nikkei has bounced back from some of the losses it sustained at the end of last week.
Having fallen by 2.8 per cent on Friday (October 25th) to hit a new two-and-a-half week low of 14,088.19, the index was able to get the new week off to a good start by erasing most of those losses.
It rose in value by 2.2 per cent to close the session at 14,396.04, although investors remained in a cautious mood, reports Reuters.
The broader Topix also experienced a good first day of trading for the new week and the index rose 1.7 per cent to close up at 1,198.36 in relatively light trade.
KDDI Group was among the major fallers on the Nikkei last Friday and it lost 5.34 per cent, but the firm was able to bounce back today with its share price up by more than three per cent.
Learn about the Asian markets and CFD trading at City Index
StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.