Nikkei rose for first time in a week as the BoJ shock ebbed ‎

Japan’s Nikkei index closed higher on Thursday, for the first time in more than a week, as investors returned to buy stocks hit by the Bank of Japan’s sudden monetary policy shift earlier this week.

According to Reuters, the stocks of automakers recovered strongly after signs of the stability of the yen appeared, and the real estate sector rebounded amid calm long-term bond yields also after sharp rises.

Toshiba shares ended trading on the Tokyo Stock Exchange, up 4.25 percent, and jumped 7.61 percent during the session, after local media reported that the owner of the best offer to acquire the company, “Japan Industrial Partners”, will obtain a loan of $ 10.6 billion this week.

On Thursday, the Nikkei index closed up 0.46 percent at 26,507.87 points, after falling to 26,269.80 in the previous session for the first time since October 13.

The broader Topix index rose 0.78 percent on Thursday to 1908.17 points.

The real estate sector was the best performer, as its shares rose 2.5 percent. Toyota shares jumped 1.83 percent and Nissan 2.15 percent.