Japanese Stock Market Hits Highest Level in 29 Years... Nikkei Index Closes Up for 4 Consecutive Trading Days

[Asia Economy Reporter Joselgina] The Japanese stock market reached its highest level in 29 years.

On the 6th, the Nikkei 225 index on the Tokyo Stock Exchange closed at 24,325.23, up 219.95 points (0.91%) from the previous day's closing price. This is the highest closing level this year and the highest since November 13, 1991, during the bubble economy period, marking the highest level in 29 years.

The Nikkei 225 index had already surpassed the 24,000 mark the previous day, setting a new yearly high. With this, the Japanese stock market has fully recovered to the level before the panic caused by the COVID-19 pandemic.

This upward trend appears to be in line with the recent surge in the New York stock market around the U.S. presidential election. Over the past four trading days, it has risen more than 1,300 points.

On the same day, the TOPIX index closed at 1,658.49, up 8.55 points (0.52%).

This content was produced with the assistance of AI translation services.