HomeLatestNikkei 225 hits yr's excessive as Japan earnings impress

Nikkei 225 hits yr’s excessive as Japan earnings impress

TOKYO, May 16 (NHK) –
The Tokyo Stock Exchange’s benchmark index rose to its highest degree this yr on Tuesday. Semiconductor-related shares led the positive factors as investor confidence was boosted by the strong earnings forecasts of many corporations.

The Nikkei 225 completed the day at 29,842, up 0.7 % from Monday’s shut. It has risen for 4 straight buying and selling days.

The broader TOPIX rose to 2,127, reaching its highest since August 1990.

Foreign traders are driving the current rally. They have been actively choosing up shares of Japanese companies.

Their shopping for on the TSE’s top-tier Prime market outweighed their promoting by 2.4 trillion yen, or about 17.7 billion {dollars}, within the 6 weeks main as much as early May.
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May 16 (ANNnewsCH) – 東証株価指数「TOPIX」がバブル経済期以来、約33年ぶりの高い水準となりました。  …proceed studying


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