Archive | October, 2007

Japanese Stocks Rally Late in Volatile Trading

Japan market summary for Tuesday (Oct. 30) Nikkei 225 Stock Average: -47.07 (-0.3%) to 16,651.01 Nikkei 225 futures Osaka: -60 (-0.4%) to 16,670, Singapore (SGX) -45 (-0.3%) to 16,6806, Chicago (CME) *10/29 +90 (+0.5%) to 16,755 TOPIX: +0.72 (+0.0%) to 1,607.21; Advancers 857 x decliners 761 (unch. 105), New highs 12 x new lows 73; [...]

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Nissan Surges on Earnings; Nikkei Extends Rally; TOPIX Up 2.1%

Japan market summary for Monday (Oct. 29) Nikkei 225 Stock Average: +192.45 (+1.2%) to 16,698.08 Nikkei 225 futures Osaka: +240 (+1.5%) to 16,730, Singapore (SGX) +235 (+1.4%) to 16,725, Chicago (CME) 10/26 +270 (+1.65%) to 16,665 TOPIX: +32.52 (+2.1%) to 1,606.49; Advancers 1,242 x decliners 402 (unch. 79), New highs 11 x new lows 61 [...]

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Nikkei Weekly Outlook

Earnings and monetary policy are key for this week. Both the U.S. FOMC and Bank of Japan (BOJ) have rate decision meetings ending on Wednesday. It goes without saying that market participants are most concerned with the Fed’s decision and clearly expect another rate cut (by 0.25%). Unfortunately, Japanese stocks remain vulnerable because a negative [...]

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Nikkei Ends Week With a Strong Rally on Positive Earnings

Japan market summary for Friday (Oct. 26) Nikkei 225 Stock Average: +221.46 (+1.4%) to 16,505.63 Nikkei 225 futures Osaka: +210 (+1.3%) to 16,490, Singapore (SGX) +200 (+1.2%) to 16,490, Chicago (CME) *10/25 (%) to -5 (-0.0%) to 16,395 TOPIX: +25.90 (+1.7%) to 1,573.97; Advancers 1,098 x decliners 522 (unch. 113), New highs 10 x new [...]

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Nikkei Struggles to Put Together a Rally Before Big Earnings Releases (Sony, Nintendo, Honda, Canon, Nomura)

Japan market summary for Thursday (Oct. 25) Nikkei 225 Stock Average: -74.22 (-0.5%) to 16,284.17 Nikkei 225 futures Osaka: -90 (-0.6%) to 16,280, Singapore (SGX) -85 (-0.5%) to 16,290, Chicago (CME) *10/24 -180 (-1.1%) to 16,400 TOPIX: -15.79 (-1.0%) to 1,548.07; Advancers 431 x decliners 1,210 (unch. 84), New highs 4 x new lows 123 [...]

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GM’s Asia Pacific President on GM vs. Toyota

General Motors’ Asia Pacific president Rick Brown at the Tokyo Motor Show on Wednesday said comparing GM to Toyota is a waste of time and energy — ?????????????????????????????? — referring to the much talked about point that Toyota could surpass GM in global vehicles sold (volume) annually, as early as this year. GM’s Brown said [...]

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Japanese Stocks Earnings Schedule

The following is a schedule of fiscal Q2 earnings release dates for Japanese stocks focused on those with ADRs. The list has been updated to include earnings dates for some that were previously unavailable.

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Subprime Spooks Again, Nikkei Falls Apart in Afternoon Session, Ends 0.6% Lower

Japan market summary for Wednesday (Oct. 24) Nikkei 225 Stock Average: -92.19 (-0.6%) to 16,358.39 Nikkei 225 futures Osaka: -110 (-0.7%) to 16,370, Singapore (SGX) -110 (-0.7%) to 16,375, Chicago (CME) *10/23 +70 (+0.4%) to 16,580 TOPIX: -6.69 (-0.4%) to 1,563.86; Advancers 657 x decliners 932 (unch. 136), New highs 14 x new lows 66 [...]

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Nikkei Gives Up Most of Intra-Day Gains; TOPIX Broadly Higher; Lags Surges in Hong Kong and India

Japan market summary for Tuesday (Oct. 23) Nikkei 225 Stock Average: +12.11 (+0.1%) to 16,450.58; first gain in 3 sessions albeit a limited one Nikkei 225 futures Osaka: +40 (+0.2%) to 16,480, Singapore (SGX) +20 (+0.1%) to 16,485, Chicago (CME) *10/22 +50 (+0.3%) to 16,510 TOPIX: +7.48 (+0.5%) to 1,570.55; Advancers 1,007 x decliners 596 [...]

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Nikkei Up 100+ To Start Tuesday Afternoon Session

Despite dipping into the red around 10 A.M. JST after gapping up, the Nikkei ended the morning session more than 50 points higher, as TOPIX 1 advancers outnumbered decliners about 2:1. A weaker yen helped as the US$ was up about Y0.50, or 0.4% to the Y114.55-60 level. Monday trading in the U.S. was volatile [...]

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