Japan’s Nikkei to Rise 51 Percent in 2013

According to a poll by Reuters, Japan’s Nikkei stock market index will increase by 51 percent this year, driven by projections for higher corporate earnings and a weaker yen caused in part by the prime minister’s policies designed to create growth. Since the U.S. is Japan’s largest export market, the economic recovery there will also help to buoy the Japanese stock market. According to the Reuters poll, the Nikkei will rise to 15,700 by the end of the year, which would be the largest percentage gain in 40 years.

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