Nikkei hits post-bubble record high for second day, breaks through 34,000

TOKYO, Jan 10 (News On Japan) - For the second consecutive day, stock prices have reached a post-bubble record high, surpassing 34,000, boosted by the expansion of the NISA tax-advantaged investment program for individual investors.

Just after the close of trading at 3 PM, a burst of applause erupted in the trading room.

Today's closing price, up 678 points from yesterday, not only broke through the critical 34,000 barrier, but also marked a new high for the first time in 33 years and 11 months, for the second day in a row.

Buoyed by the weak yen, a broad range of stocks, particularly those related to exports, attracted buyers.

by Brian Dentry

Source: ANNnewsCH

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