The Nikkei closed at its highest level in two months

Japan’s Nikkei closed at a two-month high on Monday, as energy stocks rebounded on higher oil prices while technology firms rebounded.

The Nikkei rose 0.56 percent to 27,915.89 points at the close, after it began the session falling to 27,523.95 points, after selling led by the technology sector on Wall Street at the end of last week.

The technology sector was the only one in the Nikkei that closed lower. It closed down 0.07 percent but fared sharply from its morning lows.

Chip maker Tokyo Electron gained 1.55 percent, while Advantest gained 0.55 percent.

The energy sector was by far the best performer, rising 3.21 percent.

Among the 225 stocks on the Nikkei index, 130 stocks rose, 86 fell, and nine were unchanged.

The broader Topix index rose 0.31 percent to 1939.11 points.

Among the other notable Nikkei gainers, Fast Retailing, the operator of Uniqlo stores, rose 2.77 percent and Nintendo added 0.77 percent.