Nikkei average just 50 points short of all-time high

Analysts forecast rise to 40,000 and above by year-end

20240216 NSA

Japan's Nikkei Stock Average closed at 38,487 on Feb. 16, up more than 300 points from the previous day's closing price. (Photo by Yutaka Miyaguchi)

MASAYOSHI HARIMA, NQN staff writer

TOKYO -- The Nikkei Stock Average continued to rise on Friday, temporarily ascending 707 points or 1.85% from the previous day's close to 38,865, just 50 points short of an all-time high of 38,915 set in December 1989.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.