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Japan Stocks Slipping in MSCI Indexes as Weak Yen Offsets Rally.

Authors :
Hasegawa, Toshiro
Source :
Bloomberg.com; 8/7/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

(Bloomberg) -- Japanese stocks have quickly run up to 33-year highs this year, but this hasn't been enough to raise their presence in the world's leading indexes, with analysts expecting more companies will be pushed out as the weak yen undermines their performance in dollar terms. The presence of Japanese stocks in the MSCI is fading, said Keiichi Ito, chief quant strategist at SMBC Nikko. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
169806306