Japanese Stocks Rise as Greece Vote Eases Euro Breakup Concern

Japanese Stocks Rise as Greece Vote Eases Euro Breakup Concern

Tomohiro Ohsumi/Bloomberg

The Nikkei, which has lost 15 percent from this year’s peak on March 27, is trading at 1.1 times book value. This compares with 2.1 times for the S&P 500 and 1.3 times for the Stoxx Europe 600 Index, according to data compiled by Bloomberg.