Japanese stocks rebound as falling oil prices ease inflation concerns

  • Japanese stocks rebounded as falling oil prices eased inflation concerns.
  • Nikkei 225 rose 1% above 66,000; Topix gained 0.8% to 4,073.
  • Japan’s August industrial production fell unexpectedly as retail-sales growth missed expectations.

Japanese stocks recovered from a two-session decline as sharply lower oil prices eased inflation concerns after Saudi Arabia restored around half of its East-West pipeline capacity and the Trump administration ordered another release of emergency reserves. The Nikkei 225 Index climbed 1% to above 66,000, while the broader Topix Index rose 0.8% to 4,073. Technology shares led the rebound, including gains of 2.2% for Kioxia Holdings, 4% for SoftBank Group, 1.8% for Advantest, 5.3% for Taiyo Yuden and 4.5% for Fujikura. Investors also assessed weaker domestic data: Japan’s industrial production unexpectedly fell in August and retail-sales growth missed expectations. Elevated bond yields remained a source of pressure, while the Nikkei was on track to finish the month largely unchanged. An earlier update had reported a 1.5% gain to 66,460.68, alongside advances in Tokyo Electron, Mizuho Financial Group and Sumitomo Metal Mining.

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Japanese stocks rebound as falling oil prices ease inflation concerns - CoinPost Terminal