The Nikkei 225 index climbed above 26,000 points on Nov. 17, a level not seen since 1991 after the collapse of Japan's asset price bubble. (Photo by Kei Higuchi)

Japan's Nikkei index regains 1991 level as investors hunt bargains

Vaccine-sparked hopes for economic rebound point buyers to value stocks

JADA NAGUMO, Nikkei staff writer

November 23, 2020 06:00 JST

TOKYO -- Investors anticipating recovery from the coronavirus pandemic are scenting bargains in Japan -- propelling the country's stock market to levels last recorded almost three decades ago.