Japan's Nikkei index rose for a second consecutive day on Monday, supported by a weaker yen and renewed enthusiasm for artificial intelligence investments. The strengthening of the Japanese stock market is happening against the backdrop of a decline in the national currency's exchange rate, which makes the country's assets more attractive to foreign investors. Additionally, the growing interest in the artificial intelligence sector is stimulating an influx of capital into technology companies. Analysts note that the current trend may continue if economic data continues to support a positive investor sentiment.
Japan's Nikkei Index Rises on Weaker Yen
Japan's Nikkei index rose for a second consecutive day on Monday, supported by a weaker yen and renewed enthusiasm for artificial intelligence investments. The strengthening of the Japanese stock market is happening against the backdrop of a decline in the national currency's exchange rate, which makes the country's assets more attractive to foreign investors. Additionally, the growing interest in the artificial intelligence sector is stimulating an influx of capital into technology companies. Analysts note that the current trend may continue if economic data continues to support a positive investor sentiment.