Japan's Nikkei 225 rebounds as economic concerns ease Skip to main content

Japan's Nikkei 225 rebounds as economic concerns ease

Nikkei 225 Index

Last Updated at 16 Mar 2011, 00:15 GMT Nikkei 225 one month chart
value change %
8928.52 +
+323.37
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+3.76
Japanese stocks rebounded as concerns over the long-term impact of Friday's earthquake and tsunami on Japan's economy ease.
The Nikkei 225 index gained 6% in early trading on Wednesday.
On Monday and Tuesday, the index dropped more than 16%, its biggest two-day fall in 23 years.
Investors are optimistic about a recovery in the economy despite reports of another fire at the Fukushima Daiichi nuclear plant.
However, analysts warned that the markets will remain volatile in the short term.
"The nuclear crisis still looms large," said Hiroichi Nishi of Nikko Cordial Securities.
"We'll have to see investors' reaction to the latest news about the nuclear plant," he added.
Stocks of financial companies, exporters and car companies like Toyota and Nissan Motors are amongst the big winners.
These sectors and stocks were amongst the hardest hit in the sell-off following the earthquake and tsunami.

http://www.bbc.co.uk/news/business-12755374

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