Japanese shares rally hard after massive sell-off

by Pelican Press
19 views 1 minutes read

Japanese shares rally hard after massive sell-off

Japanese stocks have rebounded sharply from the previous session’s searing sell-off and double-digit losses as investors reconsidered their concerns over equity valuations and a possible US recession.

The benchmark Nikkei’s rally on Tuesday, after the market’s biggest single-day rout since the 1987 Black Monday crash, came as the yen reversed its gains, indicating the carnage in yen-funded global carry trades was also easing.

Premium

Subscribers with digital access can view this article.

Already a subscriber?

Login here.


Source link

#Japanese #shares #rally #hard #massive #selloff

You may also like