Falling Yen Boosts Japanese Stocks

The Japanese stock market got a boost from a weakening yen and was one of the few Asian stock markets to finish higher at the end of the Wednesday trading session. The Nikkei 225 index of Japanese stocks opened Wednesday trading at 10,200.16, which was above the previous trading day's close at 10,141.10. The Nikkei 225 remained in positive territory for the remainder of the day, ending the Wednesday trading session up 91.23 points, or 0.90%, at 10,232.33. The day's range for the Japanese stock index moved between 10,184.32 and 10,258.90. Investors who would like to invest in Japanese equities might want to consider the iShares MSCI Japan Index Fund EWJ, which uses a representative sampling strategy to try to track the MSCI Japan index. Those who are bullish on Japanese stocks should take a look at the ProShares Ultra MSCI Japan Index Fund EZJ, which seeks daily investment results, before fees and expenses, that correspond to twice the daily performance of the MSCI Japan Index. If you think that Japanese stocks are headed lower, consider the ProShares UltraShort MSCI Japan Fund EWV, which seeks daily investment results, before fees and expenses, that correspond to twice the inverse of the daily performance of the MSCI Japan index. Read more from Benzinga's ETF news.
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