Overview

• The Nikkei 225 ended the morning session at 45,729.33, up 683.52 yen from Friday’s close after briefly rising by more than 700 yen.
• The TOPIX gained 28.21 points to 3,175.89, reinforcing the broad advance across the market.
• Market participants cited the previous U.S. session’s record finishes for major indexes, driven by expectations for earlier Federal Reserve rate cuts.
• Traders reported broad-based buying across sectors as risk appetite improved following the U.S. rally.
• The rebound followed a sharp drop on Friday that was linked to the Bank of Japan’s plan to sell exchange-traded funds.