Japanese carmakers rebound after earthquake

Japanese stocks rebounded on Wednesday as concerns over the long-term economic impact of Friday's earthquake and tsunami eased.

The Nikkei 225 gained 5.7% to close at 9,093.72 points.

Carmakers also rebounded in early trading in Europe, but then gave up their gains as the day progressed.

Earlier in the day, in Tokyo, stocks of financial companies, exporters and car companies were among the biggest gainers.

Julia Caesar reports.

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