Tokyo stock market gives back gains

By Scott McGlashan, manager of the Close Finsbury Japanese Equity Fund The Tokyo stock market fe...

By Scott McGlashan, manager of the Close Finsbury Japanese Equity Fund The Tokyo stock market fell back last month in sympathy with the rest of the world's markets, erasing most of the gains achieved in the first six months of the year. It is not time for investors to pull out of Japan. Recent losses provide a buying opportunity. The economy is performing much better than expected. Indeed, Japan was the best performing economy among the G7 nations in the first quarter of the year and recovery is carrying on as a result of strong exports to the rest of Asia and a modest upturn ...