Japan stocks higher at close of trade

Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Textile and Retail sectors led shares higher.

At the close in Tokyo, the Nikkei 225 rose 1.70% to hit a new 5-year high.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2734 to 924 and 209 ended unchanged.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.99% to 19.11 a new 1-month low.

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. 

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