Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan’s biggest companies on improving shareholder returns, the weaker yen and booming corporate profits.
ALSO READ: Nikkei breaches 40,000 for 1st time, leads Asia higher in event-packed week
ALSO READ: Nikkei breaches 40,000 for 1st time, leads Asia higher in event-packed week
Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at