Japan's Nikkei share average experienced its largest point gain in a fiscal year, rising 12,328 points, with a 44% increase.
Japan's Nikkei share average logged its biggest point gain ever for the fiscal year, rising 12,328 points. The index hit multiple record highs this quarter, reaching levels not seen since 1989, backed by better corporate governance, foreign buying on a weaker yen, and expectations of the Bank of Japan maintaining loose monetary policy. The Nikkei rose 44% in the fiscal year, the most since March 2021.
March 29, 2024
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