[Global Finance] Tokyo stock market continues to rebound, Nikkei 225 index rises 0.38%

Source: Xinhua Finance

Xinhua Finance Tokyo, April 28 (Reporter Qian Zheng) Affected by the general rise in major U.S. stock indexes on the previous trading day, the Tokyo stock market opened higher on the 28th and fell back, but it still rose at the close, and overall continued the recent rebound trend. The Nikkei 225 stock average price index rose 134.25 points to close at 35,839.99 points, an increase of 0.38%; the Tokyo Stock Exchange Stock Price Index rose 22.58 points to close at 2,650.61 points, an increase of 0.86%.

Last Friday (April 25), all three major U.S. stock indexes closed higher, especially the Nasdaq, which has a high proportion of high-tech stocks, rose by more than 1%. Affected by this, the Tokyo stock market opened higher on the 28th and briefly recovered the 36,000-point integer mark more than half an hour after the opening. Xinyue Chemical Industry, which announced good news such as stock repurchase, saw a significant increase, and Toyota automatic loom even rose sharply.

However, in the previous three trading days, the Nikkei 225 index had risen by nearly 1,500 points. After the stock index reached 36,000 points, the selling price gradually appeared and the index gains narrowed. Since the 29th is Japan's public holiday, the wait-and-see atmosphere in the afternoon market has spread significantly.

Analysts said that the market gradually felt that there was still room for negotiations around US tariffs, and some sense of peace of mind that the bottom was already past appeared among investors.

From the perspective of sectors, on the 28th, more than 80% of the 33 industry sectors of the Tokyo Stock Exchange rose. Transportation machinery, construction, banking and other sectors led the rise.

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