Japan's Nikkei 225 share index surges to another record high, approaching 42,000

Business & Finance
10 Jul 2024 • 2:21 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

image is not available

Japan’s Nikkei 225 share index closed Wednesday at another record high, gaining 0.6% to end trading at 41,831,99.

That followed a record close on Tuesday, as world markets tracked gains on Wall Street.

The Nikkei 225 index also hit a record intraday high on Wednesday of 41,889.16 as it bounced throughout the day, at times falling back.

The benchmark has advanced nearly 30% in the past year and is up 5% in the past three months.

Investors have been snapping up technology-related shares as enthusiasm builds over the potential of artificial intelligence. Export-oriented companies have also seen strong gains since their profits have soared due to the weakness of the Japanese yen.

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved