Nikkei Average Briefly Retakes 38,000 in Morning Trade

13:12 JST, March 18, 2025
Tokyo (Jiji Press)—The Nikkei 225 stock average retook 38,000 at one point in Tokyo trading on Tuesday morning, helped by overnight gains in U.S. stocks.
The key Japanese index finished the morning session at 37,943.23, up 546.71 points, or 1.46 pct, from Monday, after crossing the 38,000 threshold for the first time since Feb. 27 on an intraday basis.
A weaker yen against the dollar also spurred stock buying. At noon, the dollar stood at ¥149.67-67 , up from ¥148.84-86 at 5 p.m. Monday.
Major trading houses were particularly buoyant after it was revealed that Warren Buffett’s Berkshire Hathaway Inc. had raised its stakes in them.
"Business" POPULAR ARTICLE
-
Tariffs to Cause ‘Short-term Bumps,’ Trump Economic Adviser Tells Fox Business
-
Trump’s Auto Tariffs to Cover Hundreds of Billions of Dollars Worth of Vehicle, Parts Imports
-
Bank of Japan Gov. Ueda Says ‘Uncertainty Is Quite Large’
-
Mixed Feelings as Stockpiled Rice Arrives at Stores; In Spite of Expected Short-Term Price Relief, Worries Arise about Persistent Market Problems
-
U.S. Tariffs to Deal Serious Blow to Asia’s Emerging Economies; Firms with Production Bases in Southeast Asia May Be Forced to Restructure
JN ACCESS RANKING