The Big Picture

Vincent Boland: After 34 years, Japan’s Nikkei has something to shout about at last

The wait is over for investors as stock market finally surpasses high last achieved in December 1989

The factor that pushed the Nikkei over the line was financial results from Nvidia

The wait is over. After 34 years and 24 days, give or take a few minutes, the moment that investors in Japanese shares had almost given up hope of seeing arrived on Thursday afternoon in Tokyo, when the Nikkei 225 index, as trading ended, closed higher than the 38,915 it achieved on 29 December 1989.

At the close, the Nikkei stood at 39,098 points, up nearly 900 points on the day and the climax of ...