TOKYO -- The Nikkei Stock Average hit an all-time closing high on Thursday, on the back of a rally in Japanese tech stocks that tracked the artificial intelligence frenzy in the U.S.
Japan's benchmark average rose 332.89, or 0.82%, to 40,913.65, blazing past its previous high of 40,888.43 set on March 22. During Tokyo trading hours, the average reached 40,971.23 at one point but did not reach its all-time intraday high of 41,087.75, marked on March 22.
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