Japanese stocks rebounded Tuesday from Monday’s bloodbath as cooler heads prevailed and frenzied selling gave way to more orderly trading.
The 225-issue Nikkei average rose 10.23% to 34,675.46, ending the day just north of the bear territory into which it had slipped when it plunged more than 12% the day before.
“Panic selling has stopped,” said Tomoichiro Kubota, senior market analyst at Matsui Securities.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.