Nikkei briefly breaches 38,000 for the first time since 1990 as it rallies 3%, nears all-time high
Publishing timestamp: 2024-02-13 01:38:41
Summary
The Nikkei 225 briefly crossed the 38000 mark for the first time since 1990 but was unable to sustain its run and ended at 37963.97. Other Asia-Pacific markets mostly rose as more markets returned from the Lunar New Year holiday. Japan's corporate goods price index rose 0.2% in January. MSCI raised India's weightage in its Global Standard index to a record high. Shares of Otsuka Holdings plunged after its drug trial results. SoftBank's stock jumped as Arm shares continued to rally. The article also mentions inflation and earnings data, China's economy, and the rise of Bitcoin.
Sentiment: MIXED
Tickers: @LCO.1, AUD=, 8035.T-JP, .SSEC, .DXY, IREN, .AXJO, MARA, .HSI, .N225, BTC.CM=, COIN, MSTR, 8766.T-JP, @CL.1, .SPX, 9984.T-JP, 4578.T-JP, .DJI, CLSK, .KS11, .SZI, .IXIC, O9T-FF, JPY=, 8725.T-JP,
Keywords: s&p/asx 200, dxy us dollar currency index, ice brent crude (apr'23), world markets, australia, economic events, business news, breaking news: asia, breaking news: markets, asia economy, nikkei 225 index, hang seng index, nasdaq composite, shenzhen component index, markets, dow jones industrial average, prices, wti crude (mar'23), shanghai, usd/jpy, kospi index, s&p 500 index, australian dollar/us dollar fx spot rate,
Source: https://www.cnbc.com/2024/02/13/asia-markets.html