Japan’s Nikkei index, comprising 225 leading stocks on the Tokyo stock exchange, is showing signs of recovery on Tuesday following a substantial drop in prices earlier in the week. Just before midday on Tuesday (0300 GMT), the index surged by 2957.90 points, marking a 9.4% increase and reaching 34,416.32 points. The index had experienced a drop of over 12% on Monday, triggering significant losses in global stock markets. The recent sharp appreciation of the Japanese yen had put pressure on the stock prices of Japanese export-oriented companies. However, traders have reported an improved sentim…