February 06, 2013 at 18:23 PM EST
Japan ETFs Rise To New Highs And May Have Room To Grow
Japan ETFs defied global stock market weakness Wednesday, surging to new highs after the country's central bank governor unexpectedly announced he would resign before his term ends. IShares MSCI Japan Index (EWJ) climbed 1.33% to 10.13, a 10-month high. WisdomTree Japan Hedged Equity Fund (DXJ), designed to neutralize currency risk, rose 1.48% to 41.13 -- a two-year peak. The Nikkei rallied 3.8% to its highest level since September 2008. By
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