Nikkei 225 rebounds 328 points after 900-point intraday plunge

The Nikkei 225 rose 328 points to 65,856 on the 25th, ending a two-session decline after briefly falling more than 900 points. The index opened 332 points lower following a 2.7% drop in the Philadelphia Semiconductor Index, or SOX (semiconductor-stock benchmark), in the previous U.S. session, but buying strengthened after reports of progress toward a ceasefire between Pakistan and Iran. The TOPIX gained 20 points to 4,093 for a fourth straight advance, while the TSE Growth 250 Index added 9 points to 781. SOMPO Holdings rose on reports that Sompo Japan Insurance plans an average 5% auto-insurance premium increase in January 2027, following a 1.8% average increase in July. Postal Life Insurance advanced after outlining plans to double a real-estate fund managed with Mitsui and Co. from approximately ¥200 billion to ¥400 billion and invest approximately ¥90 billion through fiscal 2028 in AI- and digitally enabled sales operations. MatsukiyoCocokara & Co. gained after agreeing to acquire organic cosmetics company John Masters Holdings from Aspirant Group. SWCC and Seiko Group climbed after brokerages raised their target prices and earnings forecasts. Marui Group announced ¥50 billion of euro-yen convertible bonds due 2031 to fund fintech expansion and share buybacks. Japan Airport Terminal announced a secondary offering alongside a buyback of up to 3.5 million shares. Toyota Motor fell as President Trump's planned 50% tariffs on Canadian-made automobiles and trucks from January 2027 raised cost concerns, while Advantest was pressured by weak U.S. semiconductor shares and Nvidia's upcoming earnings. Furukawa Electric surged 10.3% on technical-rebound expectations, and autonomous-driving developer TIER IV briefly reached a record high since listing after rising 23.6%. Investors will watch the U.S. August Conference Board Consumer Confidence Index and results from Zoom Communications and Intuit on the 26th.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.