The Nikkei index rose by 0.6%, with chip and electronics stocks leading the gains.

After a sell-off on Tuesday, the Japanese stock market rebounded. Semiconductor and other electronic stocks led the gains. Kyocera rose by 5.1% and Murata Manufacturing Co. by 3.2%. The US dollar was at 161.57 yen, compared to 161.72 yen at the close of the Tokyo stock market on Tuesday. Investors are keeping an eye on the development of oil prices and the situation in the Middle East, as well as any comments from Japanese government officials regarding the recent devaluation of the yen. The Nikkei index rose by 0.6% to 70,204.03 points, after falling by 3.5% on Tuesday.