Nikkei Rebounds After Six Losses
The Japanese Nikkei index rose by 1.75% to reach 65,550.68 points after six sessions of losses, with the index declining by about 5% during the week. This increase came amid anticipation of corporate earnings and the results of the US midterm elections, which are influencing the market. The rise was driven by investors purchasing stocks after significant losses, despite overall market caution due to the lack of strong reasons to buy ahead of upcoming earnings reports and political investigations. Technology and chip stocks saw substantial gains, and bank shares contributed to the Trophic Index's recovery.
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