Tokyo's benchmark Nikkei Stock Average finished the week with another all-time high. The gain followed a record close of the tech-heavy Nasdaq in New York.
The Nikkei 225 ended Friday at 39,910, up 744 points, or 1.9 percent from the previous day. Semiconductor-related shares led the way. Investors also bought precision equipment and electronics companies. Analysts say a weaker yen against the dollar was another factor.
The benchmark exceeded its previous all-time high set last week that had stood for 34 years. The index went on to renew record highs for three-straight trading days until Tuesday.
Friday's advance means the Nikkei index has gained 19 percent this year.
The Nikkei 225 ended Friday at 39,910, up 744 points, or 1.9 percent from the previous day. Semiconductor-related shares led the way. Investors also bought precision equipment and electronics companies. Analysts say a weaker yen against the dollar was another factor.
The benchmark exceeded its previous all-time high set last week that had stood for 34 years. The index went on to renew record highs for three-straight trading days until Tuesday.
Friday's advance means the Nikkei index has gained 19 percent this year.
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Summary
Tokyo's Nikkei Stock Average achieved another all-time high, closing at 39,910 on Friday, up 1.9% from the previous day. The tech-heavy Nasdaq in New York also closed at a record. Key gains were seen in semiconductor-related shares, precision equipment, and electronics companies. A weaker yen
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ID: 8a3ae23c-3ffd-411f-a232-d4859a089e6b
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20240301_26/
Date: March 1, 2024
Created: 2024/03/01 19:00
Updated: 2025/12/08 17:03
Last Read: 2024/03/01 19:08