Nikkei rises 1.7%, led by machinery and financial stocks
Japan’s Nikkei Stock Average rose 1.7% to 58,409.30, rebounding from Friday’s selloff, with machinery and financial stocks leading gains. Mitsubishi Heavy Industries gained 6.3%, while Mizuho Financial Group rose 5.2%. The dollar traded at 158.21 yen, compared with 157.92 yen at Friday’s Tokyo stock market close.