Asia FX muted, dollar fragile as CPI data boosts Sept rate cut bets
In a notable performance, Aberdeen Japan Equity Fund Inc (JEQ) stock has reached a 52-week high, touching $6.77, while offering an attractive 6.55% dividend yield. According to InvestingPro data, the fund has maintained dividend payments for 18 consecutive years. This peak reflects a robust uptrend for the fund, which specializes in Japanese equities. Over the past year, JEQ has delivered an exceptional 24.2% total return, with particularly strong momentum shown in its 20.17% gain over the past six months. The fund’s ability to hit this high-water mark amidst fluctuating global economic conditions underscores its resilience and the growing interest in Japan’s equity space. InvestingPro subscribers can access 5 additional key insights about JEQ’s performance and valuation metrics.
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