Japan's benchmark stock index recorded another 34-year high on Wednesday, led by strength in technology shares and a fall in the yen, which would boost exporters’ profits.
The Nikkei Stock Average rose 2% Wednesday to 34441.72, its highest end-of-day level since February 1990. It is inching toward the record-high close of 38915.87 hit in December 1989.Japan's benchmark stock index recorded another 34-year high on Wednesday, led by strength in technology shares and a fall in the yen, which would boost exporters’ profits.
Nintendo shares hit a record closing high of 7,823 yen Wednesday, or about $54.14. The videogame company’s shares have gained ground since late last year, reflecting solid earnings and expectations over the potential launch of a new console to succeed the current Switch model.Japan's benchmark stock index recorded another 34-year high on Wednesday, led by strength in technology shares and a fall in the yen, which would boost exporters’ profits.
The Wall Street Journal (taken from this thread on Famiboards)
Nintendo you know what to do