Tokyo: The Japanese Nikkei index rebounded on Wednesday after suffering its largest loss since April, as investors returned to technology stocks that had previously been affected by concerns over trade tensions between China and the US. The Nikkei index rose 1.8 percent to 47,672.67 points, recovering after a 2.6 percent decline in the previous session.
According to Qatar News Agency, the broader Topix index also increased by 1.6 percent. SoftBank Group’s stock climbed 5.1 percent after falling 6 percent on Tuesday. Advantest Corporation, a semiconductor testing equipment manufacturer, saw its stock rise 2.2 percent after two days of losses.
Mercari Inc., an online retail company, experienced a 14 percent surge in its stock price. Aeon Co., an operator of shopping centers, saw its stock jump 9.4 percent. Sapporo Holdings Ltd. also gained 1.8 percent.