Nikkei 225 Index Hits All-Time High, Tech and Financial Stocks Lead the Japanese Market
BlockBeats News, August 12th, as the Japanese Yen weakened and concerns eased over the impact of U.S. tariffs on earnings, the Japanese stock market rose, with the Nikkei 225 Index reaching a historical high, becoming another major stock index to break records globally this year.
The index surged to a high of 42,613.63 points in early trading, surpassing the previous high of 42,426.77 points set on July 11, 2024. Earlier in 2024, the Nikkei 225 Index had already broken the historical record set in 1989 during Japan's bubble economy era.
The TOPIX index, which more broadly reflects the performance of the Japanese stock market, has also continuously hit new all-time highs since July 24th. On the market, tech stocks and bank stocks led the gains, with SoftBank Group rising by 5.0% and Mizuho Financial Group rising by 2.2%. (Kido)
You may also like

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

