Japan's Nikkei 225 Closed Today's Session At 32,493.89 Higher By 0.32%
Portfolio Pulse from Benzinga Newsdesk
Japan's Nikkei 225 index closed higher by 0.32% at 32,493.89, reflecting gains in the financial sector and chip-making equipment company. The USD/JPY was down 0.24% to 138.38.
July 18, 2023 | 6:52 am
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POSITIVE IMPACT
The rise in Nikkei 225, which is tracked by the iShares MSCI Japan ETF (EWJ), may positively impact the ETF's performance.
The iShares MSCI Japan ETF (EWJ) tracks the performance of the Japanese stock market, as represented by the Nikkei 225. Therefore, a rise in the Nikkei 225 often translates into a positive performance for the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80