TOKYO: Japanese stocks rebounded on Monday after upbeat US jobs data suggested the world’s biggest economy is in a strong position to sustain an expected Federal Reserve rate hike this month, boosting sentiment in the broader market.
The Nikkei share average gained 1 per cent to end the day at 19,698.15, recovering just under half of the 2.2 per cent the benchmark index shed on Friday.
The broader Topix added 0.7 per cent to close at 1,585.21 with all but five of its 33 subsectors in positive territory.
The JPX-Nikkei Index 400 rose 0.8 per cent to 14,270.54.
