Japan's Nikkei 225 stock index closed at a record high on Tuesday, fueled by strong buying and gains on Wall Street. Learn more about the market rally and the factors driving it.
Tokyo, Jul 9 (AP) Japan's Nikkei 225 stock index logged a record high close on Tuesday, gaining 2 per cent to 41,580.17.
The Nikkei 225 index also hit a record high last week, propelled skyward by strong buying enthusiasm and gains on Wall Street.
Both foreign and domestic investors have piled into the Japanese market in recent months even as the economy has slowed. Part of the attraction is the weakness of the Japanese yen, which is trading at 34-year lows against the dollar.
Rediff.com » Market News » Nikkei 225 Hits Record High, Japan Stock Market Rallies - AP News
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