Nikkei jumps 6.4 pct after hitting 26-yr low
TOKYO (Reuters) - The Nikkei average climbed 6.4 percent on Tuesday, with investors picking up beaten-down shares such as Honda Motor (7267.T), encouraged by a softer yen and after the benchmark briefly broke below 7,000 for the first time in 26 years.
The Nikkei .N225 gained 459.02 points to 7,621.92. It earlier fell as much as 2.3 percent to 6,994.90, its lowest since 1982.
The broader Topix rose 5 percent to 784.03 after falling 3 percent at one stage.
(Reporting by Aiko Hayashi)
© Thomson Reuters 2009 All rights reserved.
Insider sales not a sell signal
U.S. corporate bosses are likely to sell more of their companies' stock through to the end of the year, but that does not mean share prices have topped. Full Article
UK
US
Carbon trading may cause collapse