Market Views: Can soaring Japanese equities go even higher?
Japanese stocks have hit their highest level in decades. FinanceAsia sister title, AsianInvestor, asks industry experts how much longer the optimism can hold.
Fransebas
June 20, 2023
A version of this story was first published in sister publication, AsianInvestor.
Japan’s benchmark Nikkei 225 index closed at a three-decade high on June 2 while another stock market index, the Topix, also soared to a new high not seen since July 1990.
Experts are attributing a lot of reasons to the surge in stock markets new corporate governance rules by the Tokyo Stock Exchange, improving consumption trends, diversification away from China amid rising geopolitical tensions and veteran investors such as Warren Buffett saying he wants to add to his investments in Japanese stocks.
With Japanese stocks...
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