The Nikkei stock market average surpasses the 30,000 yen mark for the first time in 30 years since the bubble era. Large-scale monetary easing and fiscal mobilization are a tailwind: Tokyo Shimbun TOKYO Web



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Monitor showing average Nikkei shares temporarily exceeding 30,000 yen = 15 in the morning, in Higashi-Shimbashi, Tokyo (together)

Monitor showing average Nikkei shares temporarily exceeding 30,000 yen = 15 in the morning, in Higashi-Shimbashi, Tokyo (collectively)

  • Monitor showing average Nikkei shares temporarily exceeding 30,000 yen = 15 in the morning, in Higashi-Shimbashi, Tokyo (collectively)

The Nikkei Stock Average rallied sharply on the Tokyo Stock Exchange on the morning of the 15th of the week, temporarily breaking the 30,000 yen mark. It is the first time in about 30 1/2 years since August 3, 1990, during the economic bubble period, that trading hours have exceeded 30,000 yen. The monetary easing and large-scale fiscal mobilization promoted by Japan, the United States and Europe as economic measures after the new coronavirus have been a tailwind. Preliminary real gross domestic product (GDP) figures for the October-December period last year showed positive growth and there were also favorable purchase orders.

In the morning, it went up almost 500 yen at one point and paid 30,0006.46 yen. The morning closing price of the average share price (225 rates) is 29,867.18 yen, which is 347.11 yen higher than the closing price of the previous weekend. The Tokyo Stock Price Index (TOPIX) is 1947.09, an increase of 13.21 points.

However, the state of emergency has been reissued in Corona and the outlook for corporate performance is uncertain. The feeling of overheating increases further due to the increase in share prices, which is far from the real economic situation.

There is a strong opinion that the Japanese economy will fall into negative GDP growth in the January-March quarter of this year due to the emergency declaration again, and the impact on corporate activities is also cautious. (Joint)


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