Japan's Nikkei 225 share benchmark tops 40,000, lifted by technology stocks
Japan's Nikkei 225 share benchmark has topped 40,000 for the first time as strong demand for technology shares keeps pushing the index higher
By AP News
Published - Mar 03, 2024, 10:15 PM ET
Last Updated - Mar 03, 2024, 10:15 PM EST
HONG KONG (AP) — Japan’s Nikkei 225 share benchmark topped 40,000 on Monday for the first time as strong demand for technology shares keeps pushing the index higher.
By midday in Tokyo, the index had gained 0.8% to 40,226.83.
Shares in computer-chip related companies rallied, with Renesas Electronics Corp. jumping 5.8% and Advantest Corp. up 3.9%. Olympus gained 7.4%.
Shares in Japan have tracked gains in other markets driven by expectations for strong demand for technology associated with artificial intelligence.
