Nikkei rises 28% in 2023, highest year-end finish since 1989

The Nikkei stock index on Friday finished up 28 percent from a year earlier, ending at its highest level since 1989 on the back of an economic recovery from the coronavirus pandemic and solid company earnings supported by the yen's weakness.Stocks were mixed on the final trading day of the year, however, with the 225-issue Nikkei Stock Average finishing down 75.45 points, or 0.22 percent, from Thursday at 33,464.17, the highest year-end level since the record high of 38,915.87 during Japan's asset-inflated bubble economy.The broader Topix index finished 4.37 points, or 0.19 percent, higher …READ FULL ARTICLE