Nikkei retakes 29,000 for 1 time in 8 days

TOKYO (Jiji Press) — Tokyo stocks rebounded Tuesday after falling for two market days, with the benchmark Nikkei stock average retaking 29,000 for the first time in eight sessions.

The Nikkei average of 225 selected issues listed on the First Section of the Tokyo Stock Exchange jumped 392.70 points, or 1.37%, to close at 29,069.16, after giving up 106.13 points Monday. The market yardstick last finished above the psychologically important threshold on Dec. 16.

The TOPIX index of all TSE first-section issues ended 27.12 points, or 1.37%, higher at 2,005.02, topping 2,000 for the first time since Dec. 16 as well.