A key Japanese stock market index soared to a 34-year high. The Nikkei 225 closed at 38,000 points, boosted by higher technology stock prices and promising forecasts.
The Nikkei 225 index reached 38 thousand points, the highest value since 1990. This is evident in the data from trading platforms.
On the last trading day, the Nikkei 225 rose 2.97%. The rapid growth of the index began after the New Year holidays. This was facilitated, in particular, by the rise in share prices of technology companies and promising corporate profit forecasts.
The Nikkei 225 index is based on the capitalization of the 225 largest companies listed on the Tokyo Stock Exchange (TSE).
Author:
Kirill Bilyk
Source: RB
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