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Tokyo stock benchmark hits all-time high NHK

The benchmark index for the Tokyo Stock Exchange set an all-time intraday high on Thursday. It has taken more than 34 years for the Nikkei 225 to reach that level.

The index crossed the 39,000 line for the first time ever.

A surge in Tokyo share prices came after major US chipmaker Nvidia posted better-than expected earnings for the latest quarter.

The Nikkei index's previous record was 38,957 during trading on December 29th, 1989. Japan's asset-inflated bubble burst afterward followed by a 30-year economic slump.
Summary
Tokyo Stock Exchange's benchmark index, Nikkei 225, reached an all-time intraday high on Thursday, surpassing the 39,000 mark for the first time. This milestone was achieved after 34 years, with the previous record being 38,957 set in December 1989. The surge was triggered by better-than-expected
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ID: b6e001ce-0c0c-42a9-ac5f-1fe5c3d31a03

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20240222_21/

Date: Feb. 22, 2024

Created: 2024/02/26 06:30

Updated: 2025/12/08 17:15

Last Read: 2024/02/26 07:43