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Japan’s Nikkei 225 index surpasses 40,000 for the first time

  • Japan's benchmark stock index, Nikkei 225, hit over 40,000 points for the first time on Monday, driven by corporate reforms and cheap valuations.
  • Dell Technologies' stock market performance surged due to demand for AI technology, with a 31.6% jump in profit and revenue.
  • Mainland Chinese stocks cautiously rose as policymakers face challenges to boost the economy ahead of the National People's Congress.
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The Nikkei index on the Tokyo stock exchange reached a new record high on Monday, exceeding the 40,000 point threshold for the first time. Last month, the Japanese benchmark index already broke the previous record from 1989. That record was set during the peak of Japan's bubble economy.

·Apeldoorn, Netherlands (Kingdom of the)
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Bloomberg broke the news in New York, United States on Monday, March 4, 2024.
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