Asset Management One reviews the Japanese market monthly and provide you with the insightful review and outlook for Japan.
Japanese Investment Commentary and Market Outlook May 2023
'Japanese stock frenzy'
The Japanese stock market extended gains in May on growing foreign buying interests, and Nikkei 225 climbed to a 33 year high. TOPIX 12 month forward PER rose to low 14x levels. Large-cap growth stocks in Electric Appliances and Precision Instruments led the market gains whereas cyclical and small-cap stocks lagged.
pdf AMO Japan Market Review May 2023
Written by Serge Kasai, Senior Product Specialist, Asset Management One Co., Ltd