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Japan's Nikkei 225 Surges Past 40,000 Mark On Tech Demand

People walk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, March 4, 2024, in Tokyo. Japan's Nikkei 225 share benchmark has topped 40,000 for the fi

Japan's Nikkei 225 share benchmark reached a significant milestone on Monday, surpassing the 40,000 mark for the first time in its history. The index showed a strong performance, gaining 0.8% to reach 40,226.83 by midday in Tokyo.

The surge in the index was largely driven by the robust demand for technology shares, particularly in the computer-chip sector. Renesas Electronics Corp. saw a notable increase of 5.8%, while Advantest Corp. and Olympus also experienced gains of 3.9% and 7.4%, respectively.

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