No Data
Driven by the weak yen, the consumer spending of tourists visiting Japan in the first 9 months has reached a new high.
①Driven by the weakness of the Japanese yen, Japan's tourism industry is extremely hot in 2024; ②Data shows that as of September, international tourists spent 5.86 trillion yen in Japan (equivalent to 39.27 billion US dollars); ③This exceeded the consumption record of 5.3 trillion yen set for the full year of 2023.
Three key points to focus on in the afternoon session - development of buying predominance in response to the weak yen.
In the afternoon of the 7th, attention should be paid to the following three points in trading: - The Nikkei average continues to rise, with a dominant buying trend due to the weak yen - The USD/JPY remains lower, with a moderate downward movement driven by adjustments - The top contributors to the price increase are Fast Retailing <9983> in first place, and Advantest <6857> in second place ■ The Nikkei average continues to rise, with a dominant buying trend due to the weak yen The Nikkei average continues to rise. It closed the morning session with a 719.01 yen increase at 39,354.63 yen (volume estimated at 0.9 billion 79.98 million shares). The Dow Jones Industrial Average in the USA stock market last weekend recorded a 341
Nikkei Average continues to rise, with a buying predominance due to the weak yen.
The Nikkei average continued to rise, closing the morning session at 39,354.63 yen, up 719.01 yen (volume approximately 979.98 million shares). The previous week's Dow Jones Industrial Average in the US closed at 42,352.75 dollars, up 341.16 points, while the Nasdaq ended trading at 18,137.85 points, up 219.38 points. After positive reactions to the resolution of the East Coast dockworkers' strike and strong September employment statistics in the US, buying sentiment led to an increase after the opening. The market remained firm throughout the day due to a significant improvement in the economic outlook. Demand for AI (artificial intelligence) related sectors.
Insider decrases its stake in Asahi(3333.JP) to 23.67%
On Oct 4, 下田 佳史 and related parties submitted the Change Report to Ministry of Finance. The report shows that 下田 佳史 and related parties decreased their holdings in $Asahi(3333.JP)$, with their joint
Asahi: Half Year Report - Term 50 (2024/02/21-2025/02/20)
J Front, upward revision on 25/2, operating profit 52 billion yen ← 41.5 billion yen
J. Front Retailing <3086> announced a revision to its financial estimates for the fiscal year ending in February 2025. The revenue has been revised upward from 424.5 billion yen to 437 billion yen, and the operating profit from 41.5 billion yen to 52 billion yen. This is the second revision this season, exceeding the consensus (around 46 billion yen). In the core department store business and shopping center business, domestic sales have been solid, and duty-free sales have expanded due to the increase in inbound foreign tourists. [Positive Rating] <4918> Ivy Revision.
No Data
No Data