The Japan Blended Cap ETF market, which is worth 34 Bn EUR and comprises 128 ETFs, reported a -1.32% performance on June 15, 2023. The market movement can be demonstrated by the daily returns of some of the ETFs in the market. The Deka MSCI Japan LC UCITS ETF (ETFJPLC) had a 1.60% daily return, while the HSBC JAPAN SUSTAINABLE EQUITY UCITS ETF (HSJD) had a 1.86% daily return. In contrast, the iShares MSCI Japan USD Hedged UCITS ETF (Acc) (IJPD) had a -0.02% daily return. The market was driven by the poor performance of some companies such as DAIICHI SANKYO ORD (4568), which had a -3.98% daily return, and FAST RETAILING ORD (9983), which had a -1.00% daily return.
The overall market performance indicates that investors are cautious about investing in the Japan Blended Cap ETF market, and they're closely monitoring the performance of some of the companies in the market. The poor performance of some companies may have contributed to the decline in the market. However, with the continuous monitoring of the market performance, investors can make informed decisions on the appropriate investment opportunities within the Japan Blended Cap ETF market.
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