Japan: Nikkei index surpasses 37,000 for first time in 34 years

On the morning of February 9, the Nikkei stock index surpassed the 37,000 point mark for the first time in 34 years.

This was mainly due to the strong increase in the share prices of exporters amid the depreciation of the yen and the reporting of good business results by blue chip companies.

In the first 15 minutes of trading, the Nikkei stock index (consisting of 225 stocks) increased by 138.48 points (0.38%) compared to the close on February 8 to 37,001.76. This index briefly increased to 37,100. The group of stocks leading the price increase were companies producing metals, mining and communications, while the group of stocks decreasing in points included shipping, textiles and clothing.

Meanwhile, the USD price continued to remain below 149 yen on the morning of February 9, although it increased to 149.48 at times, the highest since November 2023 in New York.

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Source: https://www.sggp.org.vn/nhat-ban-chi-so-nikkei-lan-dau-vuot-muc-37000-trong-34-nam-post726318.html