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Oji's Profit Plunges 23% in Fiscal H1
The Nikkei Average rebounded, with attention shifting to earnings stocks after some buying and selling.
On the 7th, the US stock market was mixed. The Dow Jones Industrial Average closed at 43,729.34, down 0.59 points, while the Nasdaq closed at 19,269.46, up 285.99 points. Buying sentiment continued to be positive due to Trump's victory in the presidential election, and expectations of interest rate cuts at the Federal Open Market Committee (FOMC) led to buying interest. The Nasdaq continued to rise after the opening, following the expected interest rate cut by the Federal Reserve Board (FRB) at the FOMC, resulting in a decline in long-term interest rates, and Nasdaq reached a new all-time high for consecutive days.
Oji Holdings Revises Shareholding Reduction Strategy
Oji Holdings: Summary of financial results for the 2nd quarter (interim period) for the fiscal year ending March 31, 2025 [Japanese GAAP] (Consolidated)
Oji Holdings Sees FY Net Y57.00B
Oji Holdings 1H Net Y24.23B Vs Net Y31.64B
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