Analyst: Japanese stock market is still in a bullish trend
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Golden Ten Data reported on April 17 that Daniel Hurley, a specialist in global and Japanese equity portfolios at Rowe Price, stated in a report that the Japanese stock market remains bullish as the country is moving away from a deflationary mindset, with inflation, wages, and corporate behavior developing in a more sustainable direction. The report also pointed out that semiconductor capital equipment companies have performed exceptionally well due to their ability to pass on costs and capitalize on strong long-term demand related to artificial intelligence and digitalization. High-quality export companies are also particularly attractive, especially those with differentiated products and global market share, which helps them resist exchange rate fluctuations and maintain profitability.
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