The Nikkei average index returned to the 50,000-point range

On November 27th, the Nikkei(Nikkei 225 Index) average rose for the third consecutive trading day in Tokyo, closing up 608.03 points (1.23%) at 50,167.10. Driven by strength in US high-tech stocks, artificial intelligence (AI) related stocks surged. Additionally, Toyota Tsusho, involved in next-generation transportation development, saw outstanding performance. Market expectations for a Bank of Japan interest rate hike intensified, leading to continued gains in bank stocks, and the TOPIX index briefly broke its all-time high during the session.

This return to the 50,000-point range is the first time since November 17th. The opening price on the 27th was about 300 points higher than the previous trading day, and the gains widened further by 9:40 AM Japan time, with the index breaking through 50,300 points, and the intraday maximum gain exceeding 700 points.