FOCUS: Nikkei likely to rise beyond 30,000 as businesses recover from pandemic

Tokyo share prices are likely to continue rising after the Nikkei index hit the 30,000 mark Monday for the first time in more than 30 years as more businesses recover from the fallout from the coronavirus pandemic.With major Japanese firms upgrading their earnings outlooks for the year through March, some analysts forecast the 225-issue Nikkei Stock Average will rise as high as 34,000 by the end of this year.After the pandemic pushed the Nikkei down to as low as 16,552.83 last March, the benchmark index closed at 30,084.15, a level not seen since the asset-inflated bubble economy period, wh…READ FULL ARTICLE