Japan stocks finish turbulent 2024 at highest-ever year-end close

Dec 30, 2024
japan-stocks-finish-turbulent-2024-at-highest-ever-year-end-close

TOKYO — Japan’s stock market ended 2024 trading with the benchmark Nikkei Stock Average closing at 39,894.54 , its highest-ever finish, as investors bet on the AI-related tech boom, Japanese companies’ governance reforms and the weak yen.

The average on Monday went down 386.62 points (0.96%) from last week’s close, mirroring weakening semiconductor stocks in the U.S. on Friday. Yet, the Nikkei average recorded a rise of 19% for the year, staying above the previous year-end high of 38,915 recorded in 1989.

Leave a comment