In March, Japan's Nikkei 225 index surpassed its all-time high of 38,957, which was set more than 34 years ago in December 1989.

The Nikkei 225 surpassed 40,000 points for the first time in March and currently stands at 40,896 points.

The Nikkei 225 is Japan's main stock index, comprising 225 of the country's companies listed on the Tokyo Stock Exchange and calculated as an arithmetic average of their value.

In 2023 alone, the Nikkei 225 rose 29%, the largest annual gain in a decade. And since the beginning of this year, it has gained another 22%, which, according to FreshForex analysts, makes the contract extremely attractive for investment.

FreshForex analysts point to the following factors contributing to the growth of the Japanese stock market in 2024:

- Strengthening of technology stocks and reports of high corporate profits;

- Optimism of investors due to the fact that Berkshire Hathaway Holding invests money in the largest Japanese companies;

- Exporters' stocks are supported by a weak yen, which boosts their local currency earnings;

- Inflation rising to 2.8%.

All the above factors point to the great prospects of the Japanese market in 2024.