Japanese stocks that were unbound by the bubble, and TOPIX also hit an all-time high for the first time in 34 years
Updated 2024/7/4 10:09 JST (some excerpts)
Expectations for boosting performance, overcoming deflation, and improving capital efficiency due to the depreciation of the yen continue
A market that is easy to enter, showing a rise in Japanese stocks in both name and reality - Nomura AM
On the Tokyo Stock Exchange on the 4th, the Tokyo Stock Price Index (TOPIX) hit an all-time high based on trading hours. This is the first update in 34 years and 7 months.
TOPIX rose to 2890.52 points, 0.6% higher than the previous day, and surpassed the highest value of 2886.50 during trading hours dated 1989/12/18. While the performance of Japanese companies remains steady, expectations continue among investors for breaking away from the deflationary economy over a long period of time and improving the capital efficiency of Japanese companies.
Expectations for boosting performance, overcoming deflation, and improving capital efficiency due to the depreciation of the yen continue
A market that is easy to enter, showing a rise in Japanese stocks in both name and reality - Nomura AM
On the Tokyo Stock Exchange on the 4th, the Tokyo Stock Price Index (TOPIX) hit an all-time high based on trading hours. This is the first update in 34 years and 7 months.
TOPIX rose to 2890.52 points, 0.6% higher than the previous day, and surpassed the highest value of 2886.50 during trading hours dated 1989/12/18. While the performance of Japanese companies remains steady, expectations continue among investors for breaking away from the deflationary economy over a long period of time and improving the capital efficiency of Japanese companies.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment