The Nikkei index rose above 40 thousand points for the first time
Trading on the Tokyo Stock Exchange, the largest in Asia, ended at a historical peak, as reported by TASS.
The Nikkei index closed at 40,109.23 points, which is the highest in the history of the site. This is an increase of 0.5%, the Nikkei index exceeded 40 thousand points for the first time.
Analysts emphasize that the main growth factor remains the growth of shares in the American markets, in particular in companies related to the production of semiconductors. The leader here, of course, is Nvidia.
The gains are reflected on the Tokyo Stock Exchange, where companies in the sector are rising, including Tokyo Electron and Advantes, which rose 2.29% and 3.57% respectively.
In addition, growth is facilitated by the ultra-loose monetary policy of the Bank of Japan, which keeps the discount rate at an essentially negative level. Unlike Western countries, where rates were raised to combat inflation, the Bank of Japan maintains low rates, which also contributes to positive dynamics in the stock market.