Tokyo: Japan’s Nikkei 225 share index closed Wednesday at another record high, gaining 0.6 per cent to end trading at 41,831,99. That followed a record close on Tuesday, as world markets tracked gains on Wall Street. The Nikkei 225 index also hit a record intraday high on Wednesday of 41,889.16 as it bounced throughout the day, at times falling back.
The benchmark has advanced nearly 30 per cent in the past year and is up 5 per cent in the past 3 months. Investors have been snapping up technology-related shares as enthusiasm builds over the potential of artificial intelligence. Export-oriented companies have also seen strong gains since their profits have soared due to the weakness of the Japanese yen.
Japan’s benchmark Nikkei 225 index surged to make a new record of 41,831.99 at market closing on Wednesday, tracking Wall Street gains. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
