from japan Nikkei 225 Stock Average The nation climbed to its highest level since bubble economy The era of more than three decades ago, reflected investor optimism He Development The country is returning after a long battle deflation,
The blue-chip gauge in Tokyo rose 1.2% to close at 33,763, an unprecedented level since March 1990, lifted by a surge in technology stocks and a slide in Treasury yields. The benchmark Topix index, which some funds prefer to follow because it is more broad, gained 0.8%.
The Nikkei 225 and Topix both posted annual gains of more than 25% last year – their best performances in a decade. The measures were among the world’s biggest gains in 2023 as authorities pushed companies to improve shareholder value, while decades of deflation subsided and were replaced by mild price gains.
The yen rate, which remains historically weak despite a recent surge, has supported exporters, and optimism after Warren Buffett invested more of his cash in Japan’s biggest trading companies also boosted equities in the world’s third-largest economy. Is.
The blue-chip gauge in Tokyo rose 1.2% to close at 33,763, an unprecedented level since March 1990, lifted by a surge in technology stocks and a slide in Treasury yields. The benchmark Topix index, which some funds prefer to follow because it is more broad, gained 0.8%.
The Nikkei 225 and Topix both posted annual gains of more than 25% last year – their best performances in a decade. The measures were among the world’s biggest gains in 2023 as authorities pushed companies to improve shareholder value, while decades of deflation subsided and were replaced by mild price gains.
The yen rate, which remains historically weak despite a recent surge, has supported exporters, and optimism after Warren Buffett invested more of his cash in Japan’s biggest trading companies also boosted equities in the world’s third-largest economy. Is.
