Japanese Defense and Reopening Stocks Cushioned the Nikkei Dow and Topix in 2022

Japan’s blue chip Nikkei stock market ended down -9.4% at 26,094 for the year. On the last day of the trading year the Nikkei was flat and -0.5% for the week. The broader Topix Index closed down 5.1% to 1,892 in 2022. These were the indices first annual losses since 2018. Japanese stocks have outperformed this year on the BOJ’s divergence from the tightening course of other major central banks. The Topix loss of 5.1% compares with losses of about … Continue reading “Japanese Defense and Reopening Stocks Cushioned the Nikkei Dow and Topix in 2022”