Saturday, June 10, 2023

Why Japanese stocks are booming

On topic: Why Japanese stocks are booming - Nikkei AsiaWhy Japanese stocks are booming

The Japanese stock market is attracting attention from around the world, including that of veteran investor Warren Buffett, as its benchmark index surges to a 33-year high. What is driving the momentum, and is it sustainable? Here's a selection of stories that show how international investors rediscovered Japan and where the market is going.

Japan's Nikkei posts biggest rise of 2023 as rally eclipses weak yen

The Nikkei Stock Average rose to a new high this week on the Tokyo stock market, surpassing the 32,000 mark, and hitting its highest point in 33 years on Tuesday.

Japan Inc. annual dividends at record levels again

Dividends to be paid by Japanese companies are expected to total 15.2 trillion yen ($109 billion) during the fiscal year ending March 2024, setting a new record for the third consecutive year, Nikkei has learned from compiling forecasts by listed companies.

Japan stocks soar as global investors applaud governance changes

One reason Japanese stocks are rising has to do with corporate governance. Amid rising pressure from domestic and international investors, management teams have undergone a change of heart and are responding more sincerely to shareholder activism. 

Warren Buffett says he intends to add to his Japan stock holdings

The 92-year-old investor created a market buzz when he visited Japan in April and indicated his intention to increase his investments in Japanese trading companies. 

Japan tops global stock rises in May, led by chip sector

The recent momentum of the Nikkei Stock Average is turning the heads of global equity investors. In May, the Nikkei 225 saw the sharpest rise among major global stock indexes. But the excitement over Japanese shares stems as much from a lack of optimism in other markets, with uncertainty growing over the health of the global economy.

Foreign buying of Japan stocks continues, reaching lesser-known shares

International investors continue to scoop up Japanese shares. But their buying of related futures is weakening, raising the question of how long investor appetite for cash stocks will remain strong.

Nikkei 38,000, or Nikkei 28,000? Japan analysts mixed on stock rally

As Japanese stocks climb to a three-decade high, professional investors surveyed by Nikkei could not agree on where share prices will end up, though most do agree that matters hinge on the fate of the U.S. economy. Many analysts expect that for the time being the rally will be supported by the Bank of Japan leaning into its monetary easing policy.



 

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