The week began with signs of recovery from the Japanese market. After the swings seen in recent sessions, the Tokyo Stock Exchange recorded a significant jump, in line with the recovery observed on the main US indices.
The Nikkei 225 , the benchmark index, closed the opening session with an increase of 1,86% , bringing the value to 58.502,36 points , that is, a gain of 1.067 points compared to the previous close.
This momentum was driven mainly by technology stocks and semiconductor companies , which benefited from growing global demand.
Nikkei rally fueled by tech sector
High-tech stocks, including electronics giants and chipmakers, rose more than 2%. Analysts attribute the move to a combination of factors: improving U.S. manufacturing data, falling energy prices, and a more optimistic investment outlook for the semiconductor supply chain.
This dynamic has pushed the index to levels not seen for several months.
Yen strengthens against major currencies
In the currency market, the yen showed a clear upward trend. Against the US dollar , the pair fell to 158,20, while against the euro , it reached 176,30. The appreciation was fueled by capital flows into "safe" assets and a slight decrease in expectations of a US interest rate hike.
Impact on international capital flows
The yen's appreciation makes Japanese exports more expensive, but at the same time reduces the cost of raw material imports, boosting the domestic competitiveness of some industries. Foreign investors tend to rebalance their portfolios, shifting resources toward Japanese stocks, thus contributing to the rally observed on the Nikkei.
Outlook for the next session
Looking ahead, market observers are awaiting the release of new US economic data, which could further influence global sentiment. If the upward trend continues, the Nikkei 225 could continue to gain, while the yen could consolidate its position above the 158-160 level against the dollar. It therefore remains to be seen whether the Tokyo Stock Exchange will be able to maintain its gains in the coming days.
