Japanese stocks posted their biggest gain in nearly seven years
Wednesday Sep 09,2015, leading other world indexes higher, as Asian officials sought
to counter pessimism about prospects for markets and economic growth.
Japan's Nikkei 225 index vaulted 7.7 percent to 18,770.51, its
biggest one-day rise since October 2008, when markets were volatile
during the global financial crisis, and its 10th biggest gain since
1949
The strong gains come after three months of weakness in stock markets that was partly sparked by the dramatic sell-off in Chinese shares beginning in early June 2015.
Economic policy measures in China and Japan were positives for investors on Wednesday but there were also technical factors at work in the rebound
The Nikkei, which had earlier hit its lowest level since February 2015, bounced after comments from Prime Minister Shinzo Abe that raised expectations of more measures to shore up economic growth under his "Abenomics" stimulus program
The strong gains come after three months of weakness in stock markets that was partly sparked by the dramatic sell-off in Chinese shares beginning in early June 2015.
Economic policy measures in China and Japan were positives for investors on Wednesday but there were also technical factors at work in the rebound
The Nikkei, which had earlier hit its lowest level since February 2015, bounced after comments from Prime Minister Shinzo Abe that raised expectations of more measures to shore up economic growth under his "Abenomics" stimulus program
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