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Nikkei Stock Average
/ ˈnɪkeɪ /
noun
- an index of prices on the Tokyo Stock Exchange
Word History and Origins
Origin of Nikkei Stock Average1
Example Sentences
Japan's Nikkei stock average has roared to 33-year highs, powered by strong earnings and economic revival after the pandemic, with the economy expanding a stronger-than-expected 2.7% in the first quarter.
The yen jumped 0.5%, the Nikkei stock average fell 1% and Japanese government bonds came under selling pressure on Monday as investors took the news as heightening the chance of a stimulus withdrawal.
A variety of asset classes from oil to Japan's Nikkei Stock Average are now trading at around one-month highs, having walked back losses from late November when the Omicron variant of COVID-19 first emerged and sent investors scurrying for safe havens.
Seven & i shares surged to as high as 7.3% in morning trading, compared with a 2% fall of the benchmark Nikkei stock average.
On Wednesday in Tokyo, the Nikkei Stock Average also dove 321 points.
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