Japan’s stock markets continue to rise against signs of economic recovery and expectations of fiscal stimulus U.S.
The benchmark equity index Nikkei 225 rose to 30,000 points early Monday to hit the highest level since 1990, according to data source TradingView. The index has gained 8% so far this year, having risen 16% in 2020.
Global stock markets have recovered to all-time highs in the last 12 months, mainly due to the monetary and fiscal stimulus measures taken by the authorities to counter the coronavirus-induced slowdown.
However, the Nikkei 225 it is still 30% below its record of 39,260 points reached in January 1990.
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