🟢 Japan Stock ETF (BBJP) is trading 4.7% up in pre-market on Micron-fueled chip rally

BBJP is trading at $82.07, up +4.67%, as Micron’s strong results and outlook fueled buying in Japanese semiconductor shares.

• Buying included shares of Advantest and Tokyo Electron and helped lift the Nikkei on October 1.
• The rally appeared concentrated in technology: the Topix rose less than the Nikkei.
• Strong Tokyo inflation and a firmer yen may temper gains for exporters.