Japan’s Nikkei 225 hits new high

Japan’s Nikkei 225 index hit a fresh high Monday as traders returned from a long weekend, while China markets snapped a nine-day winning streak.

The Nikkei ended 0.4% higher at 39,233.71, comfortably above its previous closing record of 39,098.68. The index breached its 1989 all-time high of 38,915.87 on Thursday. The broader Topix rose 0.5% to 2,673.62.

Contrastingly, a strong rally in China stocks stalled, with the CSI 300 index falling 1.04% to close at 3,453.36.

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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