Japan Topped Global Stock Rises In May, Led By Chip Sector
Portfolio Pulse from Charles Gross
Japan's stock market outperformed global markets in May, led by the chip sector. The Nikkei Stock Average rose 2.1% during the month, while the iShares MSCI Japan ETF (EWJ) gained 1.9%.
May 31, 2023 | 10:58 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The iShares MSCI Japan ETF (EWJ) gained 1.9% in May, outperforming global markets, driven by the strong performance of the chip sector.
The article highlights the strong performance of Japan's stock market in May, particularly the chip sector. This directly impacted the iShares MSCI Japan ETF (EWJ), which gained 1.9% during the month, outperforming global markets. The strong performance of the chip sector is likely to have a positive short-term impact on the ETF.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100