<\/p>\n\n\n\n
On Monday, the Japanese Nikkei index reached a milestone by surpassing the 36,000-point mark for the first time in 34 years. This surge was driven by an increase in the shares of shipping companies and financial institutions, coupled with a decline in US Treasury bond yields and the stabilization of the yen exchange rate.<\/p>\n\n\n\n
The Nikkei recorded nearly a 1 percent rise, closing at 35,901.73 points and touching its highest level since February 1990 at 36,008.23 points.<\/p>\n\n\n\n
Value stocks outperformed growth stocks, which experienced a decline last week despite the Nikkei posting its best performance in 22 months.<\/p>\n\n\n\n
The broader Topix index also witnessed a 1.22 percent increase during the day, reaching its highest level in 34 years at some point during the session.<\/p>\n\n\n\n
The Tokyo Stock Exchange’s shipping companies index notably surged by 5.3 percent, leading gains among the 33 industry indices. This was attributed to heightened geopolitical risks, resulting in increased shipping prices.<\/p>\n\n\n\n
Financial stocks, which had experienced a significant decline on Friday, rebounded strongly on Monday. The index of stock companies on the Tokyo Stock Exchange rose by 4.56 percent, while the banking index increased by 2.19 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
On Monday, the Japanese Nikkei index reached a milestone by surpassing the 36,000-point mark for the first time in 34 years. This surge was driven by an increase in the shares of shipping companies and financial institutions, coupled with a decline in US Treasury bond yields and the stabilization of the yen exchange rate. The …<\/p>\n","protected":false},"author":9,"featured_media":90891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6837,6885,8501,8143],"class_list":["post-95326","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eurozone","tag-fed","tag-feds-beige-book","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=95326"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95326\/revisions"}],"predecessor-version":[{"id":95327,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95326\/revisions\/95327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/90891"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=95326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=95326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=95326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}