It was a tough day on the Tokyo stock market. For most.
Jitters began early, after a rough batch of data from the U.S. underlining fears of global economic problems up ahead, and exporters led a descent that saw the Nikkei Stock Average post fall more that any day since March 15, dropping 164.57 points, or 1.7%, to close at 9555.04.
But there was one shaft of light, from an unlikely source. Shares in embattled Tokyo Electric Power Co. fell to an all-time low of ¥282 in the morning session, but rebounded to close up 2%, at ¥305. The reason?