The Nikkei 225 index has recovered the decline since the sharp drop on August 5.
On August 13, the Nikkei 225 index recovered to the level before the over 12% drop on August 5. As of 10 a.m. Tokyo time, the Nikkei 225 index rose 2.7% to 35,961.95 points.
Ikuo Mitsui, a fund manager at Bluewave Securities, said: "The large-scale sell-off seen last week has peaked, and investors' attention is shifting to the fundamentals such as corporate profitability." "Investors are buying stocks at relatively low valuations."
Ryuta Otsuka, a strategist at Toyo Securities, said, "The Japanese stock market today is likely to be calm for the first time in a while. The stability of the yen will also help stabilize the Japanese stock market."
