Japan's Nikkei average closes above 35,000, highest since February 1990

Weak yen pushes export-related stocks up, while semiconductor shares preferred

20240111 Nikkei Stock average 35,000

The Nikkei Stock Average exceeds the 35,000 mark on Jan. 11, its highest level since February 1990. (Photo by Nanami Sato)

Nikkei staff writers

TOKYO -- The Nikkei Stock Average rose for a fourth straight day in the Tokyo Stock Exchange on Thursday, exceeding the 35,000 yen threshold, the highest level since February 1990. Tokyo shares were buoyed by the weak yen and gains in high-tech stocks in the U.S. stock market on Wednesday.

The stock average gained 608 yen on the day, closing at 35,049 yen. The gain widened in the afternoon to more than 700 yen at one point.

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