Japan’s Nikkei stocks index rose in today’s trading session, bouncing back about 5.7% to recover some of its losses since last week’s earthquake, tsunami and subsequent nuclear crisis caused stocks to plunge.
The Bank of Japan buoyed the market’s climb with an addition injection of liquidity.
News of production restarts helped as well, from companies like Toyota (NYSE:TM), which said it would resume operations at seven auto parts facilities tomorrow. It main assembly plants will remain closed through next week. Auto maker Nissan also announced some restarts.
The FTSE RAFI Japan Portfolio (PJO) is trading flat today.
Its top five holdings include Toyota, Mitsubishi UFJ Financial (NYSE:MTU), Canon (NYSE:CAJ), Honda (NYSE:HMC) and Nissan.
The iShares MSCI Japan Index Fund (AMEX:EWJ), with a similar mix of top holdings, is trading down 1.7%.
The WisdomTree Japan Hedged Equity Fund (AMEX:DXJ) is trading down almost 2.4%.
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