Nikkei Index Recovers After Recent Decline

The Japanese Nikkei index rose by 0.91% on Monday, recovering from a sharp drop in the previous session. The index closed at 37,503.29 points, supported by gains in the technology sector.


Nikkei Index Recovers After Recent Decline

Global stock markets showed modest growth at the beginning of the week. On Monday, the Japanese Nikkei index recovered after a sharp drop in the previous trading session. The Nikkei rose by 0.91% to close at 37,503.29 points. On Friday, the index closed at its lowest level in five months due to a decline in stocks related to chips.

The broader Topix index, which encompasses a wider range of companies, also showed a growth of 1.03% to 2,709.88 points. At the same time, on Wall Street on Friday, trading closed higher due to the rise in technology sector stocks. Overall, against the backdrop of improving conditions in the markets, investors assessed the positive changes.