Japan’s Stock Market Has Set A New Record

Japan’s Nikkei 225 index set a new record.  According to the report of the foreign news agency ‘AFP’, the ‘blue chip stock’ index closed at 39,098 at the close of business after reaching the highest level in history at 39,156, and 38,000 on December 29, 1989. Breaking the record of 957 points. At that time, real estate prices in Tokyo were hundreds of times higher than in Manhattan, New York, while golf club memberships cost several hundred thousand dollars.

Japan’s Stock Market Has Set A New Record

Japanese companies were also investing in other countries, such as Sony buying Columbia Pictures and Mustobashi buying New York’s landmark Rockefeller Center. But the market crashed in the early 1990s, and the Nikkei index nearly halved and real estate prices plummeted. Japan’s stock market was hit by the dot-com bubble in the early 2000s and the financial crisis of 2008-09.

Increase in gold price per tola across the country

Share prices started rising again in 2013, and the process has accelerated over the past few years, with the index up 28 percent in 2023 and 17 percent so far this year.

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