Nikkei jumps 6% after steep fall | business | Hindustan Times
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Nikkei jumps 6% after steep fall

The Nikkei share average rose more than 6% in early on Wednesday trade, recapturing about half of its heavy loss the previous day that was spurred by an escalating safety crisis at a quake-stricken nuclear power facility.

business Updated: Mar 16, 2011 08:44 IST

The Nikkei share average rose more than 6% in early on Wednesday trade, recapturing about half of its heavy loss the previous day that was spurred by an escalating safety crisis at a quake-stricken nuclear power facility.

In the bond market, 10-year Japanese government bond futures dropped as the market braced for a 1.1 trillion yen ($13 billion) 20-year JGB auction, the last bond auction in the financial year to March 31. ($1 = 80.720 Japanese Yen)