Nikkei 225 Set for Nine-Week Gain in Longest Advance Since 2017
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Japan’s blue-chip equity gauge is set to complete a nine-week advance that would be its longest winning streak in more than five years.
The Nikkei 225 Stock Average has climbed almost 2% since June 2, extending its advance since April 7 to 17%, as the S&P 500’s entry into a bull run on Thursday added to the Japanese market’s upward momentum. Foreign investors bought a total of 2.4 trillion yen ($17.2 billion) of Japanese stocks for the month of May, the most since April 2013, according to exchange data.