Tokyo - QNA
Tokyo stocks rebounded Wednesday, with the Nikkei Stock Average climbing 51.12 points, or 0.6%, to 8,587.84. Sharp overnight gains on Wall Street helped lift investor sentiment, prompting market players to buy back steelmakers and other issues that have dropped significantly recently, according to (Nikkei) website. A pause in the yen's rise and strong Asian shares also supported the Tokyo market. Investors gradually moved to the sidelines and stocks began trading in a narrow range after morning trade, with more market players choosing to wait for the results of the Bank of Japan's two-day policy board meeting through Friday and Greece's re-election on Sunday. The trading value on the first section of the Tokyo Stock Exchange totaled about 835.9 billion yen on a preliminary basis, falling below 1 trillion yen for the third straight day.