Tokyo, March – Japan’s Nikkei share average has achieved its largest absolute increase ever for a fiscal year, soaring by 12,328 points. The index’s remarkable rally has been driven by improved corporate governance, increased foreign investment due to a weaker yen, and expectations of continued loose monetary policy from the Bank of Japan.
The Nikkei has reached successive record highs this quarter, surpassing levels last seen in 1989 during Japan’s bubble economy. This historic surge underscores the market’s resilience and investor confidence, highlighting Japan’s economic recovery and the attractiveness of its equity market.
