Japan's Nikkei breaches 40,000 level for first time on tech boost

Credit: REUTERS/Issei Kato

By Brigid Riley

TOKYO, March 4 (Reuters) - Japan's main stock benchmark breached the 40,000-point level for the first time on Monday as technology shares jumped.

The Nikkei share average .N225 was last up 0.7% at 40192.48.

Japanese stocks continue to soar to new peaks after last month shattering the life-time high set during the halcyon days of the bubble economy over three decades ago, spurred by corporate governance reform and cheap valuations.

The broader Topix .TOPX was down 0.02% at 2709.07.

(Reporting by Brigid Riley Editing by Shri Navaratnam)


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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