The Tokyo Stock Exchange’s main index, the Nikkei, rose 10.23% on Tuesdayits largest percentage gain since 2008 and the fourth largest in history, ie driven by the demand for tenders after the 12.4% fall the day before and by the recovery of the dollar against the yen.
For her, The main European stock markets, which opened Tuesday’s session higher after the rebound in the Asian markets, turned around and are trading in the red waiting for the opening of Wall Street.
The rebound in Japan
The Nikkei, which groups the 225 most representative securities in the market, closed with an increase of 10.23% or 3,217.04 points, up to 34,675.46 integers. The Topix, which includes the firms in the main sector, those with the largest capitalization, added 9.30% or 207.06 points of the same type, to 2,434.21 units.
So, The Nikkei achieved its best percentage return since 30 October 2008in the middle of the global financial crisis, when the option rose 9.96%, and also the largest increase in points in history, passing 2,676.55, also on that day.
The index thus pared losses after yesterday’s historic slump, which was followed by widespread falls in most international stock markets also hit by fears of a possible recession in the United States.
Asian markets, with mixed results
The main stock markets in Southeast Asia ended their sessions on Tuesday with mixed numbers despite most Asian stock markets reversing after the fall suffered yesterday.
Malaysia, Vietnam and Indonesia ended in the green, while Singapore, Thailand and the Philippines remained stuck in losses.