Nikkei rebounds on bottom fishing

Headline indices of the Japanese share market rebounded sharply on Tuesday, 18 November 2014, as investors chased for bottom fishing after Monday's meltdown. Sentiment also got a boost after greenback appreciated to upper 116-level against yen, and hopes for a government economic stimulus package. The Nikkei Stock Average closed 2.2% higher at 17344.06, after plunging 3% on Monday due to dismal third quarter gross domestic product data that put Japan firmly into a recession.

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