Japan benchmark share price indexes, Nikkei and Topix, have both hit all-time highs
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TOPIX is the Tokyo Price Index
- covers all domestic companies listed in the First Section of the Tokyo Stock Exchange (TSE)
- designed to track the overall trend of the Japanese stock market
- includes over 2,000 companies
- a free-float adjusted market capitalization-weighted index (only shares available for trading are considered in its calculations​)
Nikkei 225
- a price-weighted index of the top 225 blue-chip companies (TOPIX provides a broader and more comprehensive measure of the market)
This article was written by Eamonn Sheridan at investinglive.com.