Tokyo, June 9 (Jiji Press)–Tokyo stocks rebounded on Tuesday, led by technology issues that had been battered the previous day. The benchmark Nikkei 225 stock average briefly rallied over 1,400 points, a day after tumbling over 2,500 points. The index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section closed at 65,416.63, up 1,392.03 points, or 2.17 pct, from Monday. The broader TOPIX index gained 43.73 points, or 1.14 pct, to 3,896.11. The Nikkei fell into negative territory at one point in the morning, due to selling on rally, but stocks regained momentum in the afternoon, partly thanks to a fall in crude oil futures. END [Copyright The Jiji Press, Ltd.]
Tokyo Stocks Rebound on Tech Buybacks