Nikkei tops level last seen in 1989 as Japan shakes off stagnation

At the end of 1989, the Japanese Nikkei 225 index hit a record high of 38,915.87, amid huge euphoria.

However, there followed 34 years of crises, natural disasters, deflation – and a decline of close to 80 per cent in the index.

But last week, to the accompaniment of much rejoicing, the Nikkei finally regained its level of 1989, leaping to 39,239.

 

Kaynak:Abdpost