Topix Joins Nikkei at Record High as Japan’s Stocks Extend Rally

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 64 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 63%

Bloomberg News

Japan,Nikkei Index,Bank Of Japan

(Bloomberg) -- Japan’s Topix stock index powered past its bubble-era peak to a record high, as the buying momentum spread beyond a narrow set of stocks and...

-- Japan’s Topix stock index powered past its bubble-era peak to a record high, as the buying momentum spread beyond a narrow set of stocks and underscored the firm foundations of the rally.Zelenskiy Challenges Trump to Reveal Plans for Ending War

There are few indications the BOJ’s shift to tighter monetary policy is damping sentiment, with investors buying into the idea that the nation’s fortunes have changed for the better as inflation returns. Banks have advanced on speculation higher yields will help improve lending margins, while insurers have gained on expectation they will boost their profitability through their bond investments.

“Unlike the Nikkei 225, which is biased toward certain stocks, the Topix movement indicates the bottoming out and an all time high of the Japanese market as a whole,” said Hideyuki Ishiguro, a chief strategist at Nomura Asset Management Co.TFSA investors can consider holding quality growth stocks such as Propel Holdings right now and derive outsized gains in the next five years. The post 2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run appeared first on The Motley Fool Canada.

Trading activity by members of Congress has come under scrutiny in recent years, with calls to ban Congress from trading individual stocks.OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan.Exploring Three TSX Stocks With Intrinsic Value Discounts Ranging From 25.4% To 41.4%

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Topix Joins Nikkei at Record High as Japan’s Stocks Extend RallyJapan’s Topix stock index powered past its bubble-era peak to a record high, as the buying momentum spread beyond a narrow set of stocks and underscored the firm foundations of the rally.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Japan’s Topix to Include Companies from Standard, Growth MarketsThe Tokyo Stock Exchange is looking to widen the universe of stocks that are included in the benchmark Topix index by including companies listed in the Standard and Growth markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first timeNEW YORK (AP) — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »