Nikkei rebounds after sharp fall, investors await earnings

Reuters

TOKYO, Oct 28 (Reuters) - The Nikkei stock average bounced

back on Monday, recouping most of its steep losses suffered at

the end of last week, but investors remained cautious ahead of a

big earnings week for Japan Inc.

The benchmark Nikkei advanced 2.2 percent to

14,396.04 points, after shedding 2.8 percent to a 2-1/2 week low

of 14,088.19 on Friday.

The broader Topix rose 1.7 percent to 1,198.36 in

relatively light trade, with 2.32 billion shares changing hands.

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