From Nasdaq:

The Nikkei has soared 50% in only a year, drawing in global managers who are eagerly trying to enter. Analysts are optimistic, claiming that the inflow of investments has only just begun. The growing demand and interest in Japan may drive demand for stocks to $280 billion worth of stocks.

This surge in the Nikkei brings it to 700 points away from the 1989 record, but it’s being viewed more optimistically than the last time it came close to this figure as the stock trades at a much lower price-to-earnings ratio of 22. Profits are increasing across the market and much of the Japanese cash is expected to be returned to the shareholders.

Despite a recession, Japan’s recovery is significant. Unloading of stock is expected, while improvements to Japan’s economy and stocks hold the promise of bringing the Nikkei to levels of 50,000 yen later this year.



Read more: ANALYSIS-At last, FOMO puts Japan’s stocks back on global wishlist