"[Stock] valuations signal a buy"
- Kazuyuki Terao, chief investment officer of RCM Japan Co.
Japanese shares rose by the most since the beginning of May on Wednesday.
The Nikkei 225 gained 1.81 per cent, or 151.53 points, to 8,533.53. The broader Topix climbed 1.46 per cent, or 10.32, to 718.56.
"The G-7 sent a message that they will do something if the market falls further," said Kazuyuki Terao, chief investment officer of RCM Japan Co.
"Valuations signal a buy. The market is waiting for a turnaround in overseas circumstances."
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