TOKYO, Dec 29 (News On Japan) - The Tokyo stock market finished trading on Friday at its highest year-end level in 34 years.
The Nikkei closed at 33,464 yen, 75 yen lower than the previous day, but with an annual increase of about 28%, the largest since the launch of "Abenomics" back in 2013.
Export stocks such as steel and automobiles rose due to a solid U.S. economy and weaker yen.
Market insiders are optimistic about Japanese stocks for next year as well, with some expecting the Nikkei Average to surpass its pre-bubble peak and reach an all-time high.
Source: ANNnewsCH