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Nikkei Closes Over 38,000 for First Time in 34 Years

TOKYO, Feb 15 (News On Japan) –
The Nikkei 225 common on the Tokyo Stock Market soared Thursday, closing at over 38,000 yen, the best stage because the post-bubble period.

The Nikkei 225 rebounded from the day before today, fueled by the rise within the New York market, with semiconductor-related shares main the numerous positive factors.

The closing worth was 454 yen greater than the day before today, at 38,157 yen.

The final time the index closed within the 38,000 yen vary was in January 1990, making this a milestone not seen in roughly 34 years.

The Nikkei 225 has risen by greater than 2,000 yen because the starting of the month. While there’s a sense of warning concerning the tempo of the rise amongst market members, there are additionally voices suggesting that “it is possible for the index to surpass the bubble period and reach an all-time high within the fiscal year.”

Source: ANN

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