Japan’s Nikkei average jumps 2% as domestic investors buy stocks

Japan’s benchmark Nikkei Stock Average jumped on Thursday as the market realized that individuals’ interest in buying stocks through a revamped tax-free program is stronger than expected.

The average closed at 39,773.14, up 321.29, or 0.81%, from Wednesday’s closing. It was up 791.47, or 2.01%, at one point, but gradually trimmed its gain.

Semiconductor-related stocks led the rise earlier in the morning, following a rebound in U.S. tech stocks. Chipmaking equipment manufacturer Tokyo Electron reached an all-time high.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
JPMorgan Japan Small Cap Growth & Income

More articles like this

JPMorgan Japan Small Cap Growth & Income

Japan’s Nikkei 225 and Topix indexes surge

Japan’s Nikkei 225 and Topix indexes are on the rise, buoyed by strong performance in break-out sectors and a robust recovery in the yen, spurred by global investor optimism and pending decisions from the US Federal

JPMorgan Japan Small Cap Growth & Income

Japan economy grows 0.4% in Q4, avoids recession

Japan’s economy expanded at an annualized clip of 0.4% in October to December from the previous quarter, better than the initial estimate for a 0.4% contraction, government data showed on Monday. The revised figure for gross

JPMorgan Japan Small Cap Growth & Income

Japan ISA investing for tax-free growth and income

Investing in Japan is the hot investment topic with Japan’s equity market Nikkei stock average topping the 40,000 mark for the first time on 4 March 2024. DirectorsTalk caught up with Alexa Henderson, Non-executive chairman of JPMorgan

JPMorgan Japan Small Cap Growth & Income

Japan’s Nikkei hits second consecutive record high

Japan’s Nikkei share average scaled record highs for the second consecutive session, supported by upbeat performances in pharmaceuticals, although profit-taking capped some of those gains. The Nikkei ended 0.35% higher at a new closing high of 39,233.71.