Post-Olympics stock bounce in Japan depends on beating outbr

Post-Olympics stock bounce in Japan depends on beating outbreak


Post-Olympics stock bounce in Japan depends on beating outbreak
3 min.
today at 09:43
The Nikkei 225 is up just 0.5% for the year, among the worst-performing developed-market benchmarks tracked by Bloomberg
The Nikkei 225 is up just 0.5% for the year, among the worst-performing developed-market benchmarks tracked by Bloomberg
The shadow of the Olympics has hung over Japan’s range-bound stock market for months, with some fearing Covid disaster while others have hoped medal wins would help the country mentally move past the pandemic.
With less than a week of the games to go, chances are looking good the Olympics themselves will be considered an achievement. Covid-related disruptions have been minimal, while Japan’s athletes have already taken home a record haul of 20 gold medals.

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