One year after the earthquake and the subsequent tsunami and disaster at the Fukushima nuclear plant, it seems investors are taking a liking to Japanese shares, pushing the benchmark Nikkei 225 Index up as much as 16 per cent so far this year.
In contrast, the US S&P 500 has risen by only just over 8 per cent this year, while Australia's S&P 200 Index is slightly down.
The factor driving Japan's stockmarket is the weakness in the yen, according to Sam Ferraro, a senior strategist with Goldman Sachs. Importantly for investors, Goldman predicts that further windfalls are possible from Japanese stocks. (The Australian)
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