Stocks in the Asia-Pacific region rose Monday, May 15, Japanese shares climbing for the third session.
Hong Kong stocks added, with the Hang Seng Index HSI, +1.75% up 1.8% at 19,971.13, while the Nikkei 225 Index NIK, +0.81% of Japanese companies gained 0.8% to 29,626.34.
The Shanghai Composite Index SHCOMP, +1.17% of Chinese companies rose 1.2% to 3,310.74, and The FTSE Straits Times Index STI, +0.19% of Singapore stocks gained 0.2% to 3,214.72. South Korea’s KOSPI Composite Index 180721, +0.16% increased 0.2% to 2,479.35, while Australia’s S&P/ASX 200 Benchmark Index XJO, +0.14% rose 0.1% to 7,267.10.
Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors.