Signage for the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), displayed outside the bourse in Tokyo, in Tokyo, Japan, on Monday, Oct. 30, 2023.
Photographer: Akio Kon/Bloomberg via Getty ImagesJapan's Nikkei 225 briefly crossed the 38,000 mark for the first time since the asset bubble burst in 1990 as it rallied about 3% and pushed 34-year highs.
However, it was unable to sustain its run above 38,000 points, falling minutes before its close to end at 37,963.97, while the Topix climbed 2.12% to 2,612.03, also at a 34-year high.
Other Asia-Pacific markets mostly rose as more markets return to trade from the Lunar New Year holiday, including South Korea and Singapore.
Japan's corporate goods price index rose 0.2% in January, beating the 0.1% expected by economists polled by Reuters.
Persons:
Akio Kon
Organizations:
Tokyo Stock Exchange, Japan Exchange Group Inc, bourse, Bloomberg, Getty, Nikkei, Reuters
Locations:
Tokyo, Japan, Gaza, Asia, Pacific, South Korea, Singapore