Japan's Nikkei stock index closes Tuesday at nearly 34-year high

Japan's Nikkei stock index closes Tuesday at nearly 34-year high

Nikkei 225 Index rallies 1.16% to close at 33,763.18, its highest since March 1990

By Tuba Ongun

Japan's benchmark Nikkei index finished Tuesday at a nearly 34-year high led by a rebound in technology stocks.

The Nikkei 225 Index rallied 385.76 points, or 1.16%, to close at 33,763.18 in post-holiday trade on Tuesday, its highest since March 1990.

The broader Topix index gained 0.82% to 2,413.09 on Tuesday.

Separate data on Tuesday showed that Tokyo’s core inflation rate, a prominent indicator for nationwide price trends, eased to 2.1% in December 2023, from November's 2.3%.

Japanese financial markets were closed Monday due to a public holiday.



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