The rally was supported by better corporate governance, foreign buying on a weaker yen and expectations that the Bank of Japan will stick with loose monetary policy.
Japan’s Nikkei posts biggest point gain on record for FY24 (File Image)
Japan’s Nikkei share average logged the biggest rise ever on an absolute basis for the fiscal year ended on Friday, rallying 12,328 points.
The index hit successive record highs this quarter, after breaking levels on Feb. 22 that were last seen in 1989 during the nation’s bubble economy.
You have exhausted your
monthly limit of free stories.
Read more stories for free
with an Express account.
Now subscribe at a special discount of 15% Use…
