The Nikkei Stock Average has been setting new records, achieving all-time highs during trading sessions and closing at unprecedented levels for three consecutive days. The index's remarkable performance, including a surge over ¥150 from the previous day's closing price, has been driven by a corporate governance makeover, fueling a revival of Japan's once-moribund stock market. Investors are now keen to see if these changes in Japan's economic landscape are genuine and sustainable. Amidst this record run, the Nikkei index closed at a historic high of 39098.68 on Thursday, February 22, marking its first new high in over 34 years. However, despite the bullish trend, there was a slight outflow of foreign capital from Japanese stocks last week, during the holiday-shortened week, with foreign investors turning net sellers for the first time since December. The Nikkei's performance has been closely tied to a bounce in Wall Street, with tech and insurance shares leading the gains. The index neared the 40,000 mark, buoyed by an overnight surge in U.S. technology issues, and ended the week with a significant 1.9% jump, establishing a new record high.
⚠️BREAKING: *JAPAN'S NIKKEI 225 INDEX JUMPS 1.9% TO END THE WEEK AT A NEW RECORD HIGH 🇯🇵🇯🇵 https://t.co/pFBEZaJ3on
Nikkei logs another record high near 40,000, with China stocks rising after mixed data https://t.co/s9e3BpfTg4
Japan’s key Nikkei 225 stock average neared 40,000 to post a fresh record high Friday, following an overnight surge of U.S. technology issues. https://t.co/c5ssOhnL6v
Japan’s Nikkei Closes at Record High as Tech Heavyweights Surge (Update2) https://t.co/Pj48UJEMaV
Japan’s Nikkei at Record High, Tech and Insurance Shares Gain (Update1) https://t.co/Pj48UJEMaV
Nikkei index hits new record high in morning as tech shares rally https://t.co/BUxLLQsYo8
Nikkei hits record high on Wall Street bounce, other Asian markets subdued https://t.co/e2I05JusNG https://t.co/VtOZEoAPrM
Nikkei Hits Record High on Wall Street Bounce, Other Asian Markets Subdued https://t.co/Pj48UJEMaV
Don't look now but the Nikkei 225, which hit a new all-time high last week for the first time in 34 years, is inches away from hitting 40,000 for the first time ever https://t.co/jA835OxH4n
Foreign investors took profit from Japanese stocks last week as the Nikkei 225 Stock Average hit an all-time high, turning net sellers for the first time since December https://t.co/ldnfJugQYG
⚠️ FOREIGN INVESTORS WITHDRAW FROM JAPANESE STOCKS AMID RECORD HIGHS (Reuters) Japanese stocks experienced a slight outflow of foreign capital last week, following a series of robust purchases in previous weeks. According to exchange data, in the holiday-shortened week ended… https://t.co/V6ifcZxGT9
Japan’s Nikkei index closed at a record high of 39098.68 on Thursday, February 22. That was the index’s first new high in a little over 34 years.
After Nikkei’s record run, investors want to know if Japan has changed for real https://t.co/orNpWGHl94
After Nikkei’s Record Run, Investors Want to Know If Japan Has Changed for Real https://t.co/jkM8TAbAXx
⚠️ ANALYSIS-AFTER NIKKEI'S RECORD RUN, INVESTORS WANT TO KNOW IF JAPAN HAS CHANGED FOR REAL (Reuters) A corporate governance makeover has helped fuel the revival of Japan's once-moribund stock market. Now investors want to see if the change is for real. The Nikkei index… https://t.co/HkfSQ3M2Gz
Nikkei stock index ends at record high for 3rd day in row https://t.co/w1EqjOYTVC
Nikkei Stock Average Sets Record High for 3rd Day https://t.co/ycDuodu7SR
Nikkei Stock Average Hits All-Time High During Trading; Surges Over ¥150 from Previous Day’s Closing Price https://t.co/O2CSSct3En https://t.co/KNpDoiJX2B