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The Yomiuri Shimbun A display shows the Nikkei share average exceeding ¥31,000 in Tokyo on Monday.
The Yomiuri Shimbun
16:19 JST, May 22, 2023
The Nikkei share average closed Monday at ¥31,086.82, up ¥278.47 from Friday’s close.
It was the eighth consecutive business day for the stock average to rise.
The last time the share average exceeded ¥31,000 was in July 1990, when Japan was in the midst of an asset-driven bubble economy.
The stock market saw a rapid increase in trading on Monday afternoon. It is believed that buy orders were swollen by foreign investors, who have been driving the recent rally in stock prices.
