Japan’s Nikkei share average reached a four-week high on Monday, as a calm bond market following the Bank of Japan’s surprise policy tweak and growing optimism from a slowing of U.S. inflation boosted investor sentiment.
Earnings reports also produced some standout winners, with Toyota Group’s logistics company Toyota Tsusho surging almost 10% and helping lift the auto sector.
The Nikkei gained 1.26% to 33,172.22, and was up as much as 2% earlier in the session, while the broader Topix gained 1.39% to 2,322.56.
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.
