Japan's Nikkei extends rebound as AI-related stocks advance

TOKYO: Japan’s Nikkei share average rose nearly 3% on Tuesday, extending its rebound from a tech-led selloff on Friday as AI-related stocks surged. The Nikkei rose 2.88% to 60,471.05 by 0158 GMT, recouping most of Friday’s losses in the past two sessions. The broader Topix was up 2.27% at 3,904.67. “The Nikkei’s sharp gains in the latest two sessions are a surprise,” said Kazuaki Shimada, chief…

First reported by Business Recorder 33 min ago1 source

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Business Recorder07:0733 min ago
Japan's Nikkei extends rebound as AI-related stocks advance (opens Business Recorder in a new tab)
TOKYO: Japan’s Nikkei share average rose nearly 3% on Tuesday, extending its rebound from a tech-led selloff on Friday as AI-related stocks surged. The Nikkei rose 2.88% to 60,471.05 by 0158 GMT, recouping most of Friday’s losses in the past two sessions. The…

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