Mitsubishi UFJ Financial Group Inc., the nation's biggest publicly traded bank, climbed 2.7 percent. The Topix index tumbled 11 percent in the month to January 7. Japan was the worst performing market among the world's 10 largest in 2007, making shares cheaper than U.S. counterparts.
The market opened sharply lower, tracking losses on Wall Street overnight that were due to lingering worries about the US housing market.
But after falling 257 points, the Nikkei rebounded as domestic and foreign investors bought back major issues, with many technical data showing valuations were already cheap.
When General Wesley Clark spoke about the famous list of seven Middle Eastern countries to be demolished in five consecutive years, he has done nothing but remark, for the last time, if there was any need, Washington's willingness to redesign the Middle East within a more general framework of global domination.