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As on : 04-Aug-2026
Market Commentary - Foreign Markets
04-Aug-2026     17:46

Japan stocks bounce back as Tech stocks rebound

Japan's stock market experienced a modest increase on Tuesday, with the Nikkei 225 Index rising by 0.32% to close at 63,957. The market showed signs of recovery from initial losses, primarily driven by a rebound in technology stocks, indicating a potential easing of the recent selloff in AI-related shares. Notable technology companies, including Kioxia Holdings, Fujikura, Tokyo Electron, Taiyo Yuden, and Lasertec, contributed significantly to these gains. However, financial and consumer sectors faced challenges, as shares of Mitsubishi UFJ, Sumitomo Mitsui, and Fast Retailing declined, thereby limiting the market's overall advancement.

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77,226.55 292.96 (0.38%)

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24,154.90 64.05 (0.27%)

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