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Nikkei 225 Passes June Intraday Peak to Trade at 33-Year High

2023-11-20 08:46
Japan’s Nikkei 225 index advanced for the fifth time in six days, taking the blue-chip gauge above its
Nikkei 225 Passes June Intraday Peak to Trade at 33-Year High

Japan’s Nikkei 225 index advanced for the fifth time in six days, taking the blue-chip gauge above its June intraday peak to the highest in level 33 years.

The index as gained almost 30% this year, buoyed by a weak yen, solid company earnings and corporate governance reforms championed by the Tokyo Stock Exchange.

Amongst the stocks leading the increase Monday were Tokio Marine Holdings Inc., which led insurers higher, and Panasonic Holdings Corp. Banking stocks also advanced.