TOKYO, Sept 27 (Reuters) - Japan's Nikkei rebounded from
a two-month low on Tuesday, with technology stocks leading
gains, as investors scooped up beaten-down shares following a
global sell-off after U.S. Federal Reserve maintained its
aggressive policy stance.
The Nikkei rose 0.83% to 26,651.60 by the midday
break, after falling to its lowest since July 14 earlier in the
session. The broader Topix advanced 0.96% to 1,882.09.
Shares of robot manufacturer Fanuc rose 1.77% to
boost the Nikkei, followed by a 2.14% jump in battery maker TDK
. Staffing agency Recruit Holdings gained
The market has been regaining momentum rapidly after a
global sell-off in the wake of the U.S. Fed's policy tightening,
said a market participant at a domestic brokerage.
Phone company KDDI Corp and chip-making equipment
maker Tokyo Electron weighed on the index the most,
losing 0.88% and 0.31%, respectively.
Shares of cosmetics maker Corp advanced 2.76% to
lead the top 30 core Topix names, followed by Nintendo Co
Only two sector sub-indexes on the Tokyo Stock Exchange
traded in red, with real estate losing 0.14% and
shippers dropping 0.26%.
There were 190 advancers in the Nikkei index against 24
The volume of shares traded on the exchange's main board
was 0.57 billion, compared with the average of 1.12
billion in the past 30 days.
(Reporting by Junko Fujita and the Tokyo markets team)