Tokyo stocks closed higher on Monday with the Nikkei index up for a sixth trading day to end at a fresh 34-year high, while robust retailer earnings further lifted the market sentiment.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 324.68 points, or 0.91 percent, from Friday at 35,901.79, its highest close since February 1990.
The broader Topix index, meanwhile, finished 30.37 points, or 1.22 percent, higher at 2,524.60, its highest level since March 1990.
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.
