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Julius Baer like further upside in Japanese equities

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Japan’s broad Topix index of stocks hit a record high on Thursday, finally surpassing its highest level since December 1989.

Comments from an analyst at Swiss private bank Julius Baer, ​​in its summary, point to further upside ahead, citing the following:

  • Corporate Reforms
  • Currency and Flows
  • Salary increases
  • Earnings Review
  • geopolitics
  • large market value

This data adds to the positive outlook for Japanese stocks.

TOPIX continues to rise today.

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TOPIX is the Tokyo Stock Price Index.

  • Covers all domestic companies listed on the First Section of the Tokyo Stock Exchange (TSE).
  • It is designed to track the general trend of the Japanese stock market.
  • Includes more than 2000 companies
  • A weighted index of market capitalization adjusted for free float (only shares available for trading are taken into account in its calculations)

Topix daily candles

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