Shift from Deflation to Inflation
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Japan's Nikkei marks a closing high on improving corporate profit outlook
The Economic Times· 2026-01-06 08:49
The Nikkei rose 1.32% to close at 52,518,08. The index rose 4% in the first two sessions of the year, taking a cue from Wall Street's strength.The broader Topix also closed at a record high, rising 1.75% to 3,538.44."The fundamental setting for Japanese equities is strong, so that when the market sees positive cues, the appetite grows," said Kazunori Tatebe, chief strategist at Daiwa Asset Management."These fundamentals are based on the shift from deflation to inflation and corporate governance reform ...