Strong Yen Hits Japanese Stocks, Nikkei 225 Down 0.26%

Stock prices of Japanese exporters took a hit during Tuesday trading, due to a stronger Japanese yen. The Nikkei 225 index of Japanese stocks opened Tuesday trading at 10,152.92, just below the previous trading day's close of 10,167.23. The Nikkei 225 remained in negative territory for the rest of the day, falling further during morning trading before climbing back upwards during the afternoon. The Nikkei 225 nearly moved back into positive territory before share prices began falling again during the market's closing hours. The Nikkei 225 ended Tuesday trading in Tokyo down 26.13 points, or 0.26%, at 10,141.10. The day's range for the Japanese stock index was between 10,094.41 and 10,167.10. 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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