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Japan's Topix hit its highest since August 1990 (Also, expectations for BOJ to widen YCC)

Japan's Topix hit its highest since August 1990 (Also, expectations for BOJ to widen YCC)
Japan’s Tokyo Price Index, also known as Topix, is up over 6% YTD. Topix is a broad index, with around 2,000 constituents.Soc Gen on the performance:Foreign investors are back – which says something about the nature of the equity market recovery in JapanThat is a less (of) a duration trade than a broad-based upturn based on fundamentals, robust domestic demand, and more generous distribution policy (share buybacks accelerate)foreign investors bought a net 2.1 trillion yen ($15.4 billion) worth o... Read More
Posted: May 17 2023, 03:46
Author Name: forexlive
Views: 102270

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