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Japan's Blue Chip Nikkei 225 ended the year 16% higher at 27444.17 near 30 year highs. Japanese stocks were boosted by safe haven yen buying and massive BoJ ETF purchases and monetary policy fed optimism surrounding COVID-19 vaccines and unprecedented stimulus measures from global central banks boosting risk sentiment.

 Nikkei 2020

Japanese stocks recovered to near 30 year highs after the Covid-19 pandemic lockdowns and China trade uncertainty.

The Nikkei 225 ended the last day of the year down 123.98 points or 0.45% to 27444.17 with the continued surge in coronavirus cases with the Japanese government decided to suspend special entry conditions for athletes and team staff from countries and regions where new virus strains have been found.

How Global Indices fared in 2020

The yen rallied in line with stocks after an iniital fall from March panic buying highs to close the year having rallied against the US dollar as massive US QE weakened the dollar. The stronger yen added to gains for overseas investors in the japanese stock market.

 JPY W 12 31 2020

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