The Nikkei 225 pared some losses to close flat at 19,346 on Thursday amid concerns over the spread of the coronavirus pandemic, with Japan reporting a record 455 new cases as of April 8th, a day after Prime Minister Shinzo Abe declared a state of emergency for Tokyo, Osaka and five other prefectures. Meanwhile, central bank Governor Haruhiko Kuroda said that uncertainty over Japan's economic outlook is "extremely high" due to negative effects of Covid-19 and that he is ready to take additional monetary steps to prevent a deep recession.
Historically, the Japan NIKKEI 225 Stock Market Index reached an all time high of 38957.44 in December of 1989. Japan NIKKEI 225 Stock Market Index - data, forecasts, historical chart - was last updated on April of 2020.
The Japan NIKKEI 225 Stock Market Index is expected to trade at 18914.36 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17676.23 in 12 months time.