Thursday, 22 February 2024 Japanese stocks reach a record peak, breaking levels last seen in 1989, as cheap valuations and corporate reforms attract foreign money looking for alternatives to battered Chinese markets. The Nikkei share average rises above its previous all-time peak, signaling a new era and escape from deflation. The milestone draws a line under decades of lacklustre performance.
Japan’s Nikkei Stock Index , Surges to an All-Time High.
The Nikkei 225 reached an
all-time high on Feb. 22, AP reports. .
It closed at 39,098.68, surpassing the record of 38,915.87 that was set in December of 1989.
Shares related to computer chips helped
to lead the rally on Feb. 22, AP...
Thursday, 22 February 2024
