PANews reported on August 6 that according to Jinshi, the Japanese stock market rebounded violently by 10%. The Nikkei 225 index rose by 10%, rising by more than 3,000 points during the day.

Panic selling may be over, but price action could be a roller coaster today as anxiety rises in global markets, said Hideyuki Ishiguro, chief strategist at Nomura Asset Management. Charts show that the market is ripe for a rebound. The Toraku ratio, which tracks the proportion of stocks that have risen and fallen in the past 25 days, has fallen to its lowest level since October 2023 and is approaching the 70 level (which some traders see as a sign of an improvement). But even with a rebound, Japanese stocks are likely to remain in bear market levels in the short term. "As Japanese stocks fell much more than Europe and the United States yesterday, market participants now recognize that this pullback was overdone," said Tomoo Kinoshita, global market strategist at Invesco Asset Management Japan. "However, this does not mean that the market correction is over. Weak economic indicators in the United States could still lead to further selling in the United States and other parts of the world, including Asia."