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Sunday, January 5, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Japanese stocks exceed 30,000 points for the first time in 20 months

stock movements

The Nikkei index ended the day up 0.84% ​​at 30,093.59 points, after hitting a high of 30,115.32 points in the afternoon session.

The index has risen around 0.73% and 0.9% in each of the past four sessions, in a succession that has coincided with earnings reporting season.

As for the broader Topix index, it performed moderately, closing up 0.3% at 2,133.61 points.

But it was again at its 33-year high, which it recorded on Tuesday, when it rose to 2136.39 points in the early afternoon.

The domestic earnings season largely ended on Monday with a string of strong results and several stock buybacks during the week.

During Tuesday’s session, the Nikkei index consolidated its gains, rising 0.73% to 29,842.99 points, marking the highest closing level since November 2021.

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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