The recent developments on the Tokyo stock market have been perplexing.
Market participants are turning sanguine, leaving the much-talked-about specter of a March financial crisis behind.
The trigger for the bull run was the antideflation package unveiled late last month. Tightened controls on short selling -- a measure included in the package to counter speculative stock sales -- set off a flurry of activity to cover short positions on the market.
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