Japan Stocks Rebounded by Buyback
Japan Stocks rebounded Tuesday for the first time in four trading sessions due to buybacks of plunged issues by investors.
The 225-issue Nikkei Stock Average, which dropped almost 4 percent Monday, rebounded 176.65 points, or 1.50 percent, to 11,964.16.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 13.98 points, or 1.22 percent, to 1,163.63. The TSE's Second Section index decreased 5.19 points, or 0.19 percent, to 2,676.15 on a volume of 62.29 million shares.
Among all the TSE first section issues, 1,099 increased and 532 decreased. The trading volume reached 2,266.76 million stocks or 2,393.5 billion yen. The Japanese Currency is being traded in the level of 97 yen per U.S. dollar.
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