Nikkei Stock Average recovers to 26,000 yen level at closing price November 17, 15:42 for the first time in 29 and a half years
The Tokyo Stock Exchange on the 17th received many buy orders due to expectations for the development of a vaccine for the new coronavirus, and the Nikkei Stock Average recovered to the 26,000 yen level and closed the transaction.
The recovery in the 26,000 yen range is the first in 29 and a half years since May 1991.
The Tokyo Stock Exchange on the 17th received many buy orders in the morning following the Dow Jones Industrial Average hitting a new high in the New York market on the 16th due to expectations for the development of a vaccine for the new coronavirus.
After that, the number of sell orders to secure profits increased, but in the end, the closing price of the Nikkei Stock Average on the 17th was 26,014.62 yen, which is 107.69 yen higher than the 16th.
It is the first time in 29 and a half years since May 1991 that the Nikkei Stock Average has recovered to the 26,000 yen level at the closing price.
In addition, the Tokyo Stock Price Index = topics was 2.85, rising to 1734.66.
The daily trading volume was 1,373,440,000 shares.
Market officials said, "If a vaccine is developed, there is a sense of expectation that domestic and overseas economic activities will return to normal, and buy orders continued. However, the Nikkei Stock Average rose by more than 3,000 yen in November. There are also views that it is overheated. It is unclear whether the stock price will continue to rise as more investors are wary that economic activity will stagnate again due to the re-spread of the infection. " I will.