The Nikkei 225 Index hits a new historical high, with technology and financial stocks leading the gains in the Japanese market

According to BlockBeats, on August 12th, as the Japanese yen weakened and concerns about the impact of US tariffs on earnings eased, the Japanese stock market rose, with the Nikkei 225 index climbing to a historic high, becoming another record breaking major stock index worldwide this year. The index reached a high of 42613.63 points in early trading, breaking through the previous high of 42426.77 points set on July 11, 2024. At the beginning of 2024, the Nikkei 225 index has taken the lead in breaking the historical record set in 1989 during Japan's foam economy. The Tokyo Stock Exchange Index, which reflects the performance of the Japanese stock market more widely, has also continuously hit historical highs since July 24th. On the market, technology and banking stocks led the gains, with SoftBank Group up 5.0% and Mizuho Financial Group up 2.2%. (Golden Ten)