Japanese stocks, Nikkei, closed today, Wednesday, above 30,000 points, for the first time since September 2021, supported by the yen’s decline and a strong domestic earnings season.
The Nikkei index ended the day’s trading, up 0.84 percent, at 30,093.59 points, following hitting a high of 30,115.32 points in the followingnoon session.
The index has now risen between 0.73 and 0.9 percent in each of the past four sessions, in a streak coinciding with the earnings reporting season.
As for the broader Topix index, it performed moderately and closed up 0.3 percent to 2,133.61 points. But it once more reached its highest level in 33 years, which it recorded yesterday, Tuesday, when it rose to 2136.39 points in the beginning of followingnoon trading.
The domestic earnings season largely concluded on Monday with a string of strong results and several share buybacks during the week.