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Nikkei 225 Index Hits Record High, Tech and Financial Stocks Lead Japanese Market
Summary: According to sources, the Nikkei 225 index reached a historic high as the Japanese yen weakened and concerns over the impact of US tariffs on earnings eased, making it another major stock index to break records globally this year. The index reached a high of 42,613.63 points in early trading, surpassing the previous high of ...
According to sources, the Nikkei 225 index reached a historic high as the Japanese yen weakened and concerns over the impact of US tariffs on earnings eased, making it another major stock index to break records globally this year.
The index reached a high of 42,613.63 points in early trading, surpassing the previous high of 42,426.77 points set on July 11, 2024. Earlier this year, the Nikkei 225 index had already broken the historical record set in 1989 during Japan's bubble economy period.
The TOPIX index, which more broadly reflects the performance of the Japanese stock market, has also been hitting record highs since July 24. On the market, tech stocks and bank stocks led the gains, with SoftBank Group rising 5.0% and Mizuho Financial Group rising 2.2%.
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Link: Nikkei 225 Index Hits Record High, Tech and Financial Stocks Lead Japanese Market [Copy]
