Japanese Stock Market Recap: Modest Gains Amid Sector Performance

The Japanese stock market showed modest gains in volatile trading on Monday, recovering from losses in the previous session. The benchmark S&P/ASX 200 surged above the 38,600 level, influenced by mixed signals from Wall Street on Friday. Most sectors saw gains, driven by heavyweight companies in indices, exporters, and technology stocks.

The benchmark Nikkei 225 Index rose by 71.58 points or 0.19 percent to 38,668.05, rebounding from earlier lows of 38,416.07 and highs of 38,751.69. Japanese stocks had closed marginally lower on Friday.

Key players such as SoftBank Group edged up by 0.5 percent, while Fast Retailing, operator of Uniqlo, dipped 0.2 percent. Automakers like Honda saw a 1.5 percent rise, and Toyota nearly 2 percent.

In technology, Screen Holdings and Advantest gained nearly 1 percent each, while Tokyo Electron decreased marginally by 0.3 percent.

In banking, Mizuho Financial increased by almost 1 percent, Mitsubishi UFJ Financial rose over 1 percent, and Sumitomo Mitsui Financial dropped 0.1 percent.

Major exporters Canon, Mitsubishi Electric, and Sony each gained close to 1 percent, with Panasonic losing almost 1 percent.

Notably, NHI Foods gained nearly 5 percent, contrasting with declines of over 4 percent in Mercari and nearly 3 percent each in Sumitomo Metal Mining, Renesas Electronics, and Isetan Mitsukoshi.