“The number of positive surprises in first-half results has been greater than expected, so gains in earnings revision should accelerate and we expect more funds to flow in from overseas,” strategists led by Masashi Akutsu said in a note this week.
Japan has come through the pandemic better than most other developed countries. That’s a particularly admirable result considering the large numbers of elderly people in the population. The prospect of a return to growth for the export-oriented portion of the economy has helped to spur interest in the Nikkei-225 over other domestic indices.
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