Nikkei Closes Above 50,000 for the First Time Ever

TOKYO, Oct 27 (News On Japan) - The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

Market sentiment was buoyed by a record-setting rally on Wall Street on October 24th, where all three major U.S. indices hit new highs. Optimism also spread ahead of the Japan-U.S. summit scheduled for October 28th, as expectations grew that Prime Minister Takaichi and U.S. President Trump would establish a positive working relationship. The easing of trade tensions between the United States and China further supported investor confidence.

At one point during trading, the Nikkei briefly reached 50,549 yen, marking an intraday record high. Semiconductor-related shares such as SoftBank Group and Advantest saw notable gains, alongside Fast Retailing and Fujikura, the latter viewed as a key player in the prime minister’s push for nuclear fusion development.

Previously: Nikkei Tops 50,000 for First Time

Source: テレ東BIZ

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Nikkei Closes Above 50,000 for the First Time Ever

The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

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