Tokyo, April 27 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average rose on Monday to close above 60,000 for the first time ever, led by gains in semiconductor- and artificial intelligence-related stocks. The index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section climbed 821.18 points, or 1.37 pct, from Friday to end at 60,537.36. The broader TOPIX index climbed 18.69 points, or 0.50 pct, to 3,735.28. Investors stepped up buying of high-tech issues following gains in their U.S. counterparts late last week. They were also heartened by news reports that Iran has made a proposal to the United States regarding the reopening of the Strait of Hormuz, a key oil shipping chokepoint. END [Copyright The Jiji Press, Ltd.]
Nikkei Closes above 60,000 for 1st Time Ever
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