The Nikkei average surpasses 52,000 points for the first time

On October 31st, the Nikkei （日経平均株価）average continued its upward trend in Tokyo, closing at 52,411.34 points, a gain of 1,085.73 points (2.12%) from the previous day, breaking through the 52,000-point mark for the first time.

Despite a decline in US stocks the previous day and a sharp drop in US Meta shares, buying remained strong, supported by the yen’s depreciation following the Bank of Japan’s monetary policy meeting, the dollar’s appreciation, and strong earnings reports from Japanese and US companies. The Nikkei average ultimately closed at its highest point of the day.