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

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)
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.