📈 Furious start to 2024 for the $XDJP 🇯🇵
The Nikkei 225 index rose by 13.5% in the first seven trading weeks of the current year and things are also looking very good for Japanese quality stocks in the near future (e.g. $6758 (-1.67%)
$8058 (-1.08%)
$9434 (+1.94%) ) are looking very good.
Hier die ZusammenfassungWhy Japanese shares are particularly interesting at the moment
A number of positive factors such as robust GDP growth and investments in the semiconductor industry have already supported the index in the first two months. In addition, the hype surrounding artificial intelligence is also boosting the market there, while improved corporate governance and share buybacks are strengthening investor confidence. (1)
Despite a temporary dip in the Japanese economy in the second half of 2023, GDP growth should continue to surprise on the upside. More on this from paragraph 3 of the Artikels.
How can you participate now?
The SG Japan Quality Income Index (Fig. 1) would be one way to participate specifically in the performance of Japanese quality companies. It comprises 60 companies that have been selected on the basis of good financial ratios and their dividend strength, among other factors.
If Japanese dividend stocks were not perfect for reducing the US overrepresentation in the portfolio (as @PowerWordChill
it would do🌚) ?
More information on the index selection process:
https://www.ideas-magazin.de/2024/ausgabe-263/titelthema/
(1)Section "Corporate governance and other drivers"
(3) ibid. "Japanese economy with dip in the second half of 2023"
#finance 📊
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