Nikkei rebounds as govt ramps up intervention rhetoric

Reuters Updated - January 20, 2018 at 09:38 PM.

Japan’s Nikkei share average recouped some of last week’s steep declines on Monday, as government officials stepped up warnings that they may intervene in currency markets to stabilise the yen after Britain voted to leave the European Union.

The Nikkei rose 2.4 per cent to 15,309.21, after diving 7.9 per cent on Friday.

The broader Topix gained 1.8 per cent to 1,225.76 and the JPX-Nikkei Index 400 added 1.8 per cent to 11,066.48.

Published on June 27, 2016 06:46