Japan Shares Rebound After Brexit Spurs Biggest Rout Since 2011

  • Defensives rise, with papermakers leading gains on Topix
  • Exporter stocks continue to slide as yen resumes advance

Japanese shares rebounded from their worst drop since the aftermath of the 2011 earthquake, led by defensive stocks, as Prime Minister Shinzo Abe issued instructions to calm markets following the U.K.’s shock decision to leave the European Union.

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