apan’s Nikkei share average advanced for a fourth straight session on Tuesday amid optimism for increased investment in the country’s semiconductor industry.
Advantest Corp climbed 2.38%, extending a four-day gain to 29% on bets the chip-testing equipment maker will ride an artificial intelligence (AI) boom with its customer Nvidia Corp. Kobe Steel Ltd jumped 5.73% after the company’s shares were upgraded to “buy” by Mizuho Securities.
Japan Airlines Co Ltd lost 0.71%, leading air carriers lower after oil prices climbed.
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.