Reported about 1 year ago
Japan's Nikkei 225 stock index closed at a new record high of 40,913.65, surpassing the previous close set in March, driven by heavy buying in automaker and technology shares. The 0.8% gain was supported by robust purchasing of tech and export-oriented stocks, following an overnight rally in Wall Street. Investors, both foreign and domestic, have been attracted to the Japanese market despite the slowing economy, with factors such as the weak yen and changes in investment regulations playing key roles. The index has gained 22.4% this year, marking a significant increase compared to its past performances.
Source: YAHOO