Key Facts
• On July 31, Tokyo Stock Exchange saw a rebound in the Nikkei 225 index.
• The index rose over 300 yen at one point, surpassing 41,000 yen for the first time in three days.
• Morning closing price: 41,020.91 yen, up 366.21 yen from the previous day.
• TOPIX index increased by 21.39 points, reaching 2,941.57.
• U.S. tech stock gains influenced semiconductor and AI-related stocks in Japan.
• Yen depreciation against the dollar boosted export-related stocks like machinery.
• Stocks appeared undervalued after a four-day, 1,100-yen decline, attracting buyers.
Summary
On July 31, the Tokyo Stock Exchange experienced a rebound in the Nikkei 225 index, which rose over 300 yen during trading, surpassing the 41,000-yen mark for the first time in three days. The morning closing price reached 41,020.91 yen, up 366.21 yen from the previous day, while the TOPIX index climbed 21.39 points to 2,941.57. Gains in U.S. tech stocks positively impacted Japanese semiconductor and AI-related stocks. Additionally, a weaker yen against the dollar boosted export-related stocks, including machinery. Following a four-day, 1,100-yen decline, undervalued stocks attracted buying interest, contributing to the market’s recovery.
