In the Tokyo stock market on the 4th, overly pessimistic views about the future of the economy have eased, and the movement to buy back stocks that had fallen in price has strengthened.
The Nikkei Stock Average rose above 700 yen for the first time since August 12th.
▽The Nikkei Stock Average closed on the 4th at 26,992.21 yen, which is 776.42 yen higher than on the 3rd.
▽ Tokyo Stock Price Index = Topics rose 59.31 to 1906.89.
▽ The daily trading volume was 1,378,660,000 shares.
A market insider said, ``Today, overly pessimistic views about the future of the economy have temporarily eased, and stock prices have rebounded. There is a deep-rooted view that it is unavoidable, and it seems likely that this will continue to develop."