Nikkei Average Extends Rally to Record Closing High

Japan’s benchmark index rose for a third straight session, driven by support from a weaker yen.

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Terms & Concepts
  • Nikkei Average: A stock market index for the Tokyo Stock Exchange, tracking the performance of 225 large, publicly owned companies in Japan.
  • Closing High: The highest price level an index or asset reaches at the close of a trading session.
  • Yen Weakness: A decline in the value of Japan’s currency relative to other currencies, which can boost export-driven stocks.