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OUTLOOK: NIKKEI STOCKS

Tokyo stocks have nowhere to go but up in 2015: analysts

The Bank of Japan's monetary stimulus and corporate profits will power market
Wednesday, December 31, 2014 - 05:50
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A ceremony marking the close of trading for the year at the Tokyo Stock Exchange on Tuesday. The Nikkei had appeared on track to breach the 18,000 mark - its highest level in more than seven years this year, except that Tuesday's news of a suspected case of the deadly Ebola virus in Tokyo knocked it back to end 0.8 per cent down on the day at 17,672.97.

Tokyo

WHILE Tokyo stock prices ended their last trading day of 2014 a modest 8 per cent up on the year on Tuesday, analysts generally agree that the Tokyo market can expect further significant gains in the new year.

The 8 per cent rise in the Nikkei 225 index followed its soaring