Nikkei 225 Hits Record High as Tech and Financial Stocks Lead Japanese Market
According to ChainCatcher, market sources report that as the yen weakens and concerns over the impact of US tariffs on earnings ease, Japanese stocks have risen, with the Nikkei 225 Index climbing to a record high, making it another major global index to break records this year.
During early trading, the index reached as high as 42,613.63 points, surpassing the previous high of 42,426.77 points set on July 11, 2024. At the beginning of 2024, the Nikkei 225 Index had already broken the historical record set during Japan's bubble economy in 1989.
The broader TOPIX Index, which more comprehensively reflects the performance of Japanese stocks, has also continued to hit new highs since July 24. On the market, technology and banking stocks led the gains, with SoftBank Group rising 5% and Mizuho Financial Group up 2.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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