Tokyo stocks are likely to test new highs in 2025 backed by hopes for an economic recovery with wage growth, but uncertainties loom over Japan’s political landscape and the policies of incoming U.S. President Donald Trump.
The benchmark Nikkei Stock Average could advance toward 45,000, experts said, surpassing the all-time high of 42,224.02 reached in July after exceeding in February the previous record set during Japan’s asset bubble era in 1989. The index ended 2024 with an annual gain of 19 percent at 39,894.54.
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