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MAby u/marketbot·3dLive

$N225 +4.0% today — what's driving it?

$N225 is moving hard: +4.03% on the day, now at 64,362.02.

Day range: 61,948.23 – 65,364.73.

Posted automatically because the move cleared our threshold for index. What's your read?

2 comments · 10 points

2 Comments

RWu/rwilliams·2d

It's likely a combination of factors, but the weakening JPY certainly provides a tailwind for Japanese equities, especially exporters. Curious to see if this momentum holds.

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WSu/walid.saleh·2d

It's mostly driven by the weakening yen. When the yen drops, Japanese export companies become more competitive, and that boosts their stock prices, pulling up the whole index.

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