The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODO
Nikkei ends above 30,000 mark for 1st time in over 30 years
TOKYO©2025 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODO
35 Comments
Login to comment
Fighto!
Fabulous news! 30 percent increase in the index under Sugas watch so far, in just 5 months! If anything could boost his ratings fast, this boom market will.
Can it break that record of 39,000 by years end?! Dont rule anything out!!
Spitfire
@Fighto,
Yeah,right!
fxgai
History never repeats right
fxgai
This is sure to be a Free Lunch right?
snowymountainhell
Can’t follow what the media is trying to say lately. (Should we be happy, sad, ...?
Japan’s *“GDP in the last qtr of 2020 grew a real 3.0%, or an annualized 12.7% from the previous quarter, led by a leap in exports and robust private consumption. Private consumption accts for 1/2 of Japan's GDP.*
But... the ‘Top Stories’ this a.m were “*Japan growth slows...economy shrinks 4.8% over year**” and “Autoworkers face uncertain future”*
“Japan's economy at a slower 3.0% in the October-December quarter, government data showed Monday, The economy shrank 4.8 percent in 2020.”
fxgai
It’s about as out of date as the late 80’s asset bubble isn’t it, Peter. These days people have smartphones and it’s hard to see much utility of these big power guzzling electronic displays... looks cool kinda, I guess?
englisc aspyrgend
@snowymountainhell, the stock market and the real world economy are different beasts and not necessarily connected.
Are these figures inflation adjusted, if not then I suspect it is not really at the same level as the headline is touting. Massive amounts of QE or money printing by any other name inevitably leads to inflation and the undermining of the value of the money you have in your pocket and the effective shrinking of the real value of your savings. Basically the government is stealing from you!
Goodlucktoyou
Nice to be able to become rich.
kurisupisu
Wow!
There’ll be mass celebrations across Japan tonight then...
JeffLee
I've mostly got US stocks, but my Japanese ones are among the biggest gainers. Really glad I picked them up around 5 or 6 years ago. They've exceeded my expectations!
AzabuSamurai
Valuations are still reasonable to low.
dagon
This is what you get when you combine this explosive corporate socialism with austerity in the public sector.
It is all going to trickle down eventually according to the neoliberal economic planners right??
Expect more desperate Game Stop style stock gambits by by individuals with their tiny holdings.
Cricky
I have my gum boots and umbrella ready for the trickle, monsoon effect to wash my wows away. I am actually standing under the vent that these benifits are dispensed.....nothing so far ? But I will wait.
snowymountainhell
Thanks for clarity@englisc aspyrgend 5:44p “...suspect it is not really as the headline is touting. Massive money printing, ...inevitably inflation, ...undermining value of money and real value of savings.- Basically, the govt is stealing from you.”
gaijintraveller
No doubt is an Olympic boom, no doubt it will continue, let's all rejoice.
Sorry, I am not going to join you and buy at the top of the market. Buying at the bottom is the way to make money.
Why invest in developed economies? Invest in developing economies. They are called developing for a reason. Developed just sounds better than stagnating. I have done quite well, thank you, doing so.
Mocheake
I remember August of 1990, and those were some heady times...big bonuses, summer homes in Karuizawa...then the boom went bust. Don't get too excited.
kibousha
BOJ buying and keeping stocks for themselves, no one else can buy, no wonder prices go up.
rgcivilian1
If those who follow the financial reports would recall that just last Friday it was report in the evening news that the GDP was at the lowest. Common sense says buy low sell high. The people in the market only high five themselves at the expense of the the consumer and yes the poor economy. If one looks or guys to the labor workforce office one will see the mass amount of unemployed looking for work or filing for unemployment. Many stores are empty in shelves that were once full meaning the COVID is still having an effect and not to be the bearer of bad news the recent earthquake shook more than just buildings but added to economic woes.
Speed
Then the other headline:
Shows that there's very little correlation between what the average Joe is experiencing and what big corpa is.
Of course, expectations of economic improvement is what's fueling this rise in stocks, but this is definitely not what we can call "heady days" of an economic boom.
Sven Asai
Not so fast... you only get rich if you sell those stocks and already have owned them before , at times they were cheaper, but not when they only have a high value today on the display. And then, when you sell them , you also don’t own them anymore.
mmwkdw
BitCoin vs N225 .... Hmm..... I'm tempted, but the former is more risky than the latter, and you can loose your Shirt with the latter, especially now... in which I suspect we are in a grabbing at straws situation to obtain returns... the Reddits are sitting back and laughing at the big players, and one also has to "suspect"/well know... that those same Reddits are Russian/Chinese backed players, aiming at destroying the Western Capitalism for their own gains. Sounds far fetched... do some dark(er) web research, and you may find it not so - there are groups operating / and soliciting help for some objectives that are less than Palatable for me.
mmwkdw
In short... like the Earthquake over the weekend, the Crash is Coming... just dont be caught out with your pants/knickers down.
sf2k
it's almost like it has nothing to do with anything
GS
Time to sell. Bubble goes ploc
Wolfpack
Time for the bubbly dance. Enjoy the goods times now folks - it may be another 30 years before things are this good again.
GS
As I've said here in April, I bought stocks in March covid crash... I was expecting to see a return by 2025, I still can't believe I have made so much money in just a few months. From a crashed market to a massive bubble in the blink of an eye. This is crazy!
Maria 'Bing' Velasquez Reid
The exchange now is ¥105 to $1
The ¥ has gone back up since 30 years ago
albaleo
Some of us will remember that "record" and the various problems that surrounded it. Rich for a month and paying back the cost for years.
Chibakun
Isn't it basically being propped up by the J Government, which is in huge debt?
JeffLee
A lot of resentment on this board. Do you realize that the biggest holders of stocks and other securities are pension funds and other social security schemes, and in addition millions of individuals rely on them for their retirement and kids's education?
Buying shares in Japan has been cheap and easy for many years now. If you didn't bother and chose to hoard cash instead, then tough. You should be critizing yourselves instead of those who made smart decisions.
asiafriend
Well written, JeffLee. Totally accurate. It is simply called investing in one's future. It can be done in many ways, such as more education, various experience (paid and voluntary), and investing in stocks and bonds (domestic, international, etc.), among others. The stock market has come back remarkably, almost frightening, yet as the world opens up more with the rollout of vaccines, life will get back to somewhat normal as we remember it. Remember, the stock market is usually ahead of what happens and thus anticipating that the upcoming "normal life" will result in profits for companies, more jobs, etc.. That is why stocks are on the upward trajectory. Maybe it is not a bad time to take some (not all) profits. I recall an old saying "You can't go broke taking a profit."
fxgai
Let’s note that the same is true for buying foreign assets as well.
Indeed foreign stock markets are at all-time highs.