JPN225

The Nikkei Stock Average, commonly called the Nikkei 225, is a leading Japanese equity benchmark administered by Nikkei Inc. It covers 225 highly liquid companies listed on the Tokyo Stock Exchange's Prime Market. The Nikkei 225 is price weighted, with price-adjustment factors, so higher-priced constituents can have greater influence regardless of total market value. This differs from TOPIX's float-adjusted market-capitalization weighting and can produce different signals. JPN225 is influenced by Bank of Japan policy, Japanese bond yields, the yen, global technology demand, export conditions and earnings. The index cannot be bought directly; exposure may be available through funds, ETFs, futures, options or CFDs. A JPN225 quote may follow an index-linked derivative and trade beyond Tokyo cash-market hours, creating differences from the official index because of fair value, dividends and global market moves. Check the session and product specification, and consider the influence of high-priced constituents.