Publisher: Maaal International Media Company
License: 465734
Japan’s Nikkei stock index rose today, boosted by a rally in semiconductor-related stocks following a rebound in U.S. equity markets, while shares of NTT Data jumped after a report that the company was considering a takeover.
The Nikkei closed 0.41% higher at 36,928.63, having failed to advance the previous day, rising 0.41%, snapping a seven-day winning streak.
The broader Topix index reversed course, closing 0.09% higher at 2,698.72, capping a nine-day winning streak.
“The major indexes recovered their losses quickly (since U.S. President Donald Trump announced tariffs last month), but the pace of recovery has slowed,” said Seiichi Suzuki, senior equity analyst at Tokai Tokyo Intelligence Laboratory.