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Published 2 months ago

Japan’s Nikkei stock index breaks its 1989 record and surges to an all-time high

  • Japan's Nikkei 225 index broke the 1989 record, reaching 39,098.68, reflecting a surge in corporate earnings and attracting foreign investors.
  • Unlike the US, Japan's benchmark rate stayed at minus 0.1% for over a decade, impacting market dynamics.
  • Technology sector stocks drove market highs, but concerns arose about overdone gains. Foreign investors doubled stock purchases, eyeing yen's weakness.
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