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Tokyo stocks rebound sharply by midday on weaker yen

English.news.cn   2014-01-15 11:01:44

TOKYO, Jan. 15 (Xinhua) -- Tokyo stocks rebounded sharply by the end of Wednesday morning session after tumbling more than 3 percent the previous day, as an upbeat U.S. retail sales data prompted buybacks and triggered the yen's depreciation.

The 225-issue Nikkei Stock Average sharply jumped 273.16 points, or 1.77 percent, from Tuesday to finish the morning session at 15, 695.56, after briefly marking a gain of more than 300 points.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 17.27 points, or 1.36 percent, at 1, 286.35.

Gainers were led by insurance, real estate and electronics sectors.

Editor: chengyang
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