Home Money & Business Japan’s Nikkei 225 Index Hits New Record High, Nears 42,000

Japan’s Nikkei 225 Index Hits New Record High, Nears 42,000

0

Japan’s Nikkei 225 stock index achieved a new all-time high on Wednesday, closing at 41,831.99 after a 0.6% increase. This record-breaking session comes following Tuesday’s closing high, with global markets mirroring the positive trend on Wall Street. Throughout Wednesday, the Nikkei 225 index reached an intraday peak of 41,889.16, fluctuating during the day before settling at the final high figure.
Over the past year, the benchmark has surged by nearly 30%, showing a 5% increase in the last three months alone. Investors are particularly drawn to technology-related stocks, driven by growing optimism surrounding the capabilities of artificial intelligence. Additionally, companies focused on exports have enjoyed substantial profits, attributed to the depreciation of the Japanese yen.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version