The Nikkei Recovered After the Fall in Last Session 3

Japan's Nikkei index rose for the first time in four days on Thursday as gains on Wall Street has improved sentiment and bargain hunter who has been supporting the index were battered lately.

The Nikkei this morning gained about 0.7%, or 130 points at 18,355 at 10:10 pm after being down about 0.4% in the previous session in volatile trading volume.

Over the past three sessions until Wednesday, the index fell by about 5.4%.

Traders said that the global market get some positive sentiment although there is still some anxiety about China, whose market was closed on Thursday and Friday to celebrate the marking of the end of World War II.

But usually every rally there must be a correction.

Analysts at Chibagin Securities said that until the Chinese state economy becomes clearer, then there is no sustainable recovery in the market. He also added that investors will closely monitor whether the analyst will maintain bullish expectations on earnings for Japanese companies that trade related to China and the global market.