Japan’s Nikkei touches 2-week top

Japan’s Nikkei share average advanced to a two-week high on Tuesday, buoyed by overnight gains in Wall Street, although nerves ahead of potentially pivotal U.S. economic data this week limited the upside.

The Nikkei rose as much as 0.68% to 32,389.12 early in the session, its highest since Aug. 15. However, gains fizzled mid-day and the index ended 0.18% higher at 32,226.97.

The broader Topix added 0.16%.

Nomura Securities strategist Kazuo Kamitani said the 25-day moving average at around 32,276 is proving to be a firm barrier for further gains.

Japan income fundJPMorgan 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.

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