The Japanese stock market is notably higher on Tuesday, recouping some of the losses in the previous session, with the Nikkei 225 falling below the 27,600 level, following the broadly positive cues from global markets overnight, driven by gains in technology and financial stocks.
The benchmark Nikkei 225 Index is up 139.55 points or 0.51 percent at 27,566.87, after touching a high of 27,721.82 earlier. Japanese shares ended significantly lower on Monday.
Market heavyweight SoftBank Group is edging up 0.3 percent and Uniqlo operator Fast Retailing is gaining almost 1 percent. Among automakers, Honda is flat and Toyota is also edging up 0.5 percent.
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.
