Archive | May, 2007

Nikkei 225: Another Monday Rally

* Nikkei 225 Stock Average: +157 (+0.9%) to 17,556.87 (open: 17,455; range: 17,411 – 17,599) * Nikkei 225 futures Osaka: +160 (+0.9%) to 17,560 (open: 17,470; range: 17,410 – 17,610) * TOPIX 1st Section: +14.98 (+0.9%) to 1,710.67 (open: 1,702.19; range: 1,695.35 – 1,714.36), Advancers 1,035 x decliners 571 (117 unchanged) * JASDAQ: +0.01 (+0.01%) [...]

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Nikkei 225 Falls in Afternoon Trading; TOPIX Below 1,700

* Nikkei 225 Stock Average: -99.02 (-0.57%) to 17,399.58 (open: 17,563; range: 17,320 – 17,563) * Nikkei 225 futures Osaka: -130 (-0.74%) to 17,400 (open: 17,580; range: 17,330 – 17,580) * TOPIX 1st Section: -11.58 (-0.68%) to 1,695.69 (open: 1,711.25; range: 1,689.70 – 1,712.11), Advancers 304 x Decliners 1,352 (Unchanged: 70) * JASDAQ: -1.02 (-1.29%) [...]

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Nikkei Loses 0.2% as GDP Slows, BoJ Holds

* Nikkei 225 Stock Average: -30.40 (-0.17%) to 17,498.60 (open: 17,586; range: 17,482 – 17656) * Nikkei 225 futures Osaka: -30 (-0.17%) to 17,530 (open: 17,610; range: 17,480 – 17,670) * TOPIX 1st Section: -4.62 (-0.27%) to 1,707.27 (open: 1,718.02; range: 1,704.02 – 1,724.35), Advancers 653 x Decliners 926 (Unchanged: 146), 13/33 sectors posted gains [...]

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Nikkei Mostly Flat ahead of GDP, BoJ

* Nikkei 225 Stock Average: +16.02 (+0.09%) to 17,529 (open: 17,487; range: 17,430.70 – 17,539.95) * Nikkei 225 futures Osaka: +10 (+0.06%) to 17,560 (open: 17,500; range: 17,440 – 17,570) * TOPIX 1st Section: -0.66 (-0.04%) to 1,711.89 (open: 1,712.63; range: 1,701.55 – 1,716.66), Advancers 553 x Decliners 1,067 (108 unchanged) * JASDAQ: -0.63 (-0.78%) [...]

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Nikkei Down on Weak Machinery Orders, Concerns about Economy

Nikkei 225 Stock Average: -164.96 (-0.93%) to 17,512.98 (open: 17,577, range: 17,491 – 17,609) Nikkei 225 futures Osaka: -160 (-0.90%) to 17,550 (open: 17,570, range: 17,500 – 17,620) TOPIX 1st Section: -18.04 (-1.07%) to 1,712.55 (open: 1,723.73, range: 1,711.30 – 1,725.61); Advancers: 224 vs. Decliners: 1,448 (56 unchanged); Only 4/33 sectors recorded a gain JASDAQ: [...]

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Temasek Holdings’ Chairman Discusses Plans to Invest in Japan

Reuters published an article in Japanese discussing this matter. Hopefully you can read it in its original, or in short, all you need to know is Temasek Holdings, Singapore’s government investment arm, is looking to broaden its investments in Japan. This is positive, obviously, for all stakeholders. The chairman said despite a concentration of holdings [...]

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Nikkei Regains Some Ground, But Can it Hold/Add?

Nikkei 225 Stock Average: +124 to 17,677 — effectively at the same level it was last Monday post-Golden Week rally TOPIX 1st Section advancers 819 x decliners 791 (119 unchanged); 20/33 sectors posted gains Busy week ahead with GDP and BoJ decision coming Thursday! Sega Sammy (JP: 6460) by the way got killed, down its [...]

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Nikkei: Broad Selling to End the Week

Nikkei 225 Stock Average: -183.24 (-1.03%) to 17,553.72 (range: 17,455 – 17,616); As of Friday’s close, N225 components had a combined price-to-book value of 2.05, ttm P/E of 21, F/P/E of 19.30, trailing dividend yield of 0.96% and forward yield of 1.07% [per Nikkei data] Nikkei 225 futures Osaka: -230 (-1.29%) to 17,540 (range: 17,460 [...]

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Nikkei Trades Lower Ahead of SQ

The Nikkei 225 Stock Average lost 11.16 yen (-0.06%) to 17,736.96 (range: 17,712 – 17,827). Nikkei 225 futures in Osaka gained 20 points to 17,770 (range: 17,720 – 17,850). We saw a little profit-taking, buying back some positions and rotating to firms with strong earnings. Essentially, the typical scene ahead of Friday’s SQ with earnings [...]

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Shinsei Bank Targets Return to Profitability

Consumer finance woes have taken a bite out of Shinsei (JP: 8303) too! Net income for the year-ending March 2008 is expected to be ¥72 billion vs. a loss of ¥61b this fiscal year-ended March ’07. Coverage of its earnings by Bloomberg notes it is the worst performing bank stock in Japan this year and [...]

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