Japan Shares Open New Chapter as Nikkei Reclaims Its 1989 Peak
- Remarkable gains come as global funds return in droves
- Corporate reforms and weaker yen are market tailwinds
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The Nikkei 225 extended its stellar rally to a record high as global funds pile back into a market that was overlooked for years in favor of faster-growing markets like China.
With the country escaping deflation and on a path to sustainable growth, the gauge closed at 39,098.68 on Thursday, surpassing the previous peak set in December 1989.