NIKKEI 225 SPIKE ON FIRST DECEMBER 2020, MARKS A BIGGER JUMP IN A DECADE

01.12.2020
Market News
1st Dec. - The Asian index market at the beginning of December 2020 started very positively. Among those that stole the spotlight was the surge that occurred at the Nikkei 225 index where the big jump continues today.

Since November, the Nikkei 225 index has performed very well when it started at 23,295.48 points and closed the market at the end of the month at 26.433.64. This significant increase occurred following news of the Covid-19 vaccine giving market optimism over the economic recovery.

Emerging economic data such as the Manufacturing PMI showed a good increase when it jumped from 48.3 to 49.0 as reported this morning. This surge is one of the highest since January 2020.



Among the companies that showed significant growth and helped boost the Nikkei 225 index were NTN Crop, SUMCO, Furukawa Electric and Toppan Painting.