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INVESTING GLOBALLY & PROFITABLY

Can Japan’s stock market scale new highs?

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    • Investors should embrace the BOJ's policy pivot as a sign that the country's struggle with deflation is finally ending – a change that has positive implications for the economy.
    • Investors should embrace the BOJ's policy pivot as a sign that the country's struggle with deflation is finally ending – a change that has positive implications for the economy. PHOTO: AFP

    Yeo Hui Shi

    Published Tue, Apr 2, 2024 · 04:15 PM

    THIS has been a monumental year for Japan.

    For the first time in 17 years, the Bank of Japan (BOJ) raised its key interest rate from minus 0.1 per cent to between 0 and 0.1 per cent, closing the chapter on its negative-interest-rate policy.

    At the same time, the Japanese equity market has continued its record-setting streak. On Mar 22, the Nikkei 225 Index closed at a new all-time high of 40,888.43, surpassing its previous peak of 38,915.87 in December 1989.

    Investing Globally & ProfitablyJapanBank of Japan

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