Society | Feb 08

Nikkei hits 29,000 level for 1st time in 30 years

Feb 08 (NHK) - Tokyo's benchmark stock index reached its highest level in more than 30 years on Monday morning.

The Nikkei 225 rose above the 29,000-mark for the first time since August 1990.

Analysts say investors placed buy orders on hopes for additional US economic stimulus to counter the impact of the coronavirus pandemic. Market participants also reacted favorably to robust financial results posted by Japanese companies.

Source: ANNnewsCH


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