Japan's Nikkei climbs 1.5% as investors scoop up beaten-down stocks
Japan's Nikkei share average climbed more than 1% on Monday as investors scooped up beaten-down stocks on the dip, with risk sentiment running high after markets caught the tailwind from a bounce on Wall Street. The Nikkei was up 1.4% at 39,517.81 by the midday break, while the broader Topix rose 1.2% to 2,735.20. The Nikkei hit an all-time high of 41,087.75 on March 22, although the index has struggled to keep above 40,000 points, posting two consecutive weekly losses.