The government Tuesday issued restrictions on "naked" stock short-selling to help calm the nation's bourses, a day after they plummeted to a 26-year low, Financial Services Minister Shoichi Nakagawa said.
The Tokyo Stock Exchange received the notice from the Financial Service Agency asking for voluntary measures to curb the practice and asked brokerages in the afternoon to comply, an exchange official said.
Stocks rose the most in two weeks, breaking a four-day losing streak that erased almost a quarter of the Nikkei 225 stock average's value and sent the gauge to a 26-year low.