The Nikkei 225 Index rose 1% to move above 66,000, while the broader Topix Index advanced 0.8% to 4,073 on Wednesday, snapping a two-session losing streak as oil prices fell sharply on easing supply concerns. Sentiment improved after Saudi Arabia restored roughly half of the capacity of its East–West pipeline and the Trump administration ordered an additional release of emergency oil reserves.
On the domestic front, investors weighed data showing that Japan’s industrial production unexpectedly declined in August, reflecting weaker output across key manufacturing industries amid softer export demand. Retail sales growth also undershot market expectations.
Technology stocks led the rebound despite ongoing pressure from elevated bond yields, with notable gains in Kioxia Holdings (2.2%), SoftBank Group (4%), Advantest (1.8%), Taiyo Yuden (5.3%) and Fujikura (4.5%). The Nikkei 225 Index remains on course to finish the month little changed overall.
