Japan's Nikkei index rose strongly on Monday, September 25, as investors repurchased stocks whose prices had fallen after the index recorded its worst weekly performance in 2023.
The Nikkei rose 0.85% to end trading at 32,678.62 points, and the broader Topix index rose 0.39%.
Last week, the Nikkei fell daily in a week in which trading sessions were fewer due to a holiday, but it witnessed important meetings of central banks, including the US Federal Reserve and the Bank of Japan on Friday.
The Nikkei fell 3.37% last week, marking the worst weekly performance for the index this year.
The healthcare sector recorded the best performance in Monday's session, rising 2.69%, driven by the advance of the best-performing stock on the Nikkei index today, Daiichi Sankyo, which jumped 7.56%.
Technology stocks also recovered, tracking their American counterparts, from Friday. The shares of Advantest, a chip testing equipment company, rose 3.87%, and the shares of Screen Holdings, a chip manufacturing equipment company, rose 4.89%.
Stocks that rose last week witnessed a wave of selling on Monday, with the banking sector declining 2.62% and shipping 1.94%.
