Japan’s Stock Rally Is Forecast to Slow in Second Half of 2024
Sun, Jun 30, 2024 10:15 AM

Japan’s Stock Rally Is Forecast to Slow in Second Half of 2024

A Flip by Riya Sharma
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Investors expect Japan's stock market rally to slow, leading to a shift in investments to rival markets. The Topix index is forecast to climb 2.9% to 2,890, and the Nikkei 225 Stock Average to rise 4.8% to 41,489 by year-end, a slowdown from the 18% advance in the first half. Concerns over the weak yen, inflation, and potential interest rate hikes weigh on sentiments.

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