The Nikkei average continued to rise on the Tokyo stock market on the 2nd, the start of the week. The closing price was 38,700.87 yen, up 53.12 yen from the previous week’s close. The yen weakened against the dollar in the foreign exchange market, leading to a rise in export-related stocks. However, after the buying spree, sell orders were placed to lock in profits, limiting the extent of the rise.

The Tokyo Stock Price Index (TOPIX) rose 3.36 points to 2,715.99. Trading volume was about 1.401 billion shares.

In the morning, the yen weakened against the dollar, and export-related stocks such as automobiles, which are expected to grow in business, rose noticeably. Supported by the strong performance of major U.S. stock indexes at the end of the previous week, the Nikkei 225 rose by more than 400 yen at one point, and even recovered to the 39,000 yen mark during trading hours for the first time in about a month.

In the afternoon, sell orders to secure immediate profits spread, and the market fluctuated around the closing price of the previous week. There was also a wait-and-see mood in the United States, as important economic indicators such as the August employment statistics were to be released this week.