In the Tokyo stock market on the 31st, the end of the fiscal year, concerns about financial instability in Europe and the United States eased somewhat, and the Nikkei Stock Average recovered to the 3,2 yen level for the first time in three weeks.
The Nikkei Stock Average closed at 31,30.258 yen, 55.2 yen higher than on March 8041, and the stock price, which had fallen sharply since the bankruptcy of Silicon Valley Bank in the United States, recovered to the 48,3 yen level for the first time in three weeks.
▽ TSE Stock Price Index = Topics rose to 2.8000, 20.18.
Daily volume was 2003,50.1 million shares.
After President Biden announced that he would ask monetary authorities to tighten the screening of banks, concerns about financial instability in Europe and the United States eased somewhat, and buying orders spread in the Tokyo market.
Over the next week, economic indicators on U.S. business sentiment and employment will be released one after another.
It has been pointed out that interest rate hikes to contain inflation have put pressure on banks' performances, and recently there has been a lot of interest in how the Fed, which is the central bank, will judge the pace of future rate hikes.
However, as concerns about financial instability have eased somewhat, the market is paying attention to what the U.S. economic indicators will show.