The Japanese stock market is slightly higher in choppy trading on Wednesday, extending the gains in the previous session, with the Nikkei 225 staying above the 26,200 level, following the broadly positive cues from global markets overnight, as traders continue to pick up stocks at a bargain after the sell-off last week. Meanwhile, the weaker yen continued to impact the broader economy. The benchmark Nikkei 225 Index is up 26.66 points or 0.10 percent at 26,272.97, after hitting a low of 26,157.09 and a high of 26,462.83 earlier. Japanese stocks closed sharply higher on Tuesday.
Market heavyweight SoftBank Group and Uniqlo operator Fast Retailing are edging up 0.5 percent each. Among automakers, Honda is gaining more than 2 percent and Toyota is adding more than 1 percent.
Japan income fund, JPMorgan Japan Small Cap Growth & Income (LONJSGI), targets Japan income without compromising on Japanese growth opportunities. This Japan income investing opportunity gives investors access to a diverse and fast growing sector managed by local managers. The Investment Trust offers a regular quarterly income without compromising on Japanese growth opportunities, by paying a higher dividend funded part by capital reserves as well as revenue returns.