Japan's Nikkei 225 stock index reached a record high close of 40,913.65, driven by technology and export-oriented shares and a weak Japanese yen.
Japan's Nikkei 225 stock index hit a record high close of 40,913.65, surpassing its previous March record close. The benchmark's gain was attributed to increased buying of technology and export-oriented shares, with the index tracking overnight rallies on Wall Street. The gains were also influenced by the weak Japanese yen, which is trading at 34-year lows against the dollar, benefiting exporters. The Nikkei 225 has gained 22.4% so far this year.
July 04, 2024
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