Japan's Nikkei ends six-day losing streak with 1.75% rebound

economictimes.indiatimes.com —

Japan's Nikkei index rebounded 1.75% on Friday, ending a six-session losing streak, though it remained on track for a weekly decline of nearly 5% amid investor caution. The recovery was driven by bargain hunting after a sharp selloff, with gains in technology and banking stocks. Tokyo Electron rose 2.12%, while Mitsubishi UFJ Financial Group climbed 1.64%, as investors awaited corporate earnings and US midterm elections. The broader Topix index gained 1.83% but was still down 0.8% for the week. BayCurrent surged 17.25% after announcing share buybacks, while 83% of stocks on the Prime Market advanced.


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