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The Economic Times

Business

Anupam Nagar

Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank losses

Nikkei Stock Market Japan Advantest Tokyo Electron

Japan’s Nikkei share average rebounded on Wednesday, recovering from the previous session’s sharp decline as chip-related stocks advanced, while losses in banking shares weighed on the broader Topix index, according to a report by Reuters.

The Nikkei rose 0.61% to 68,193.13 at the midday break after falling 1.8% on Tuesday. The broader Topix slipped 0.05% to 4,108.8.

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