Japan Equities Look Attractive After Sell-off and Carry Trade Fears - JPM

Seeking Alpha38minutes ago

Three points to watch in the morning session: Expectations for laser tech breakthroughs.

In the morning of the 8th trading day, we want to pay attention to the following three points: ■ Expectation for Laser Tech's activation ■ Honda's Q1 operating profit increased by 22.9% to 484.7 billion yen. ■ Key materials of the morning session, Toyota, keeping parts prices unchanged in the second half of this fiscal year, also applicable to large enterprises ■ Expecting activation of Laser Tech After a round of selling, the Japanese stock market on the 8th is likely to move towards a stance of aiming for dips while determining the firmness of the downside. On the US market on the 7th, the NY Dow was down 234 points and the Nasdaq was down 171 points.

Fisco JapanAug 7 19:58 ET

ADR Japanese stock rankings ~ overall selling trend including Yucho Bank, etc., Chicago at 34,370 yen, 700 yen lower than Osaka.

Japanese ADRs (American Depositary Receipts) were generally sold off, with the following companies, at the conversion rate of 1 dollar to 146.66 yen against the Tokyo Stock Exchange: Japan Post Holdings Co Ltd <6178>, Mitsubishi UFJ Financial Group Inc <8306>, Marubeni Corp <8002>, Advantest Corp <6857>, Tokyo Electron Ltd <8035>, and Hitachi Ltd sponsored ADR <6501>, among others, experiencing declines. The Chicago Nikkei 225 futures settlement price was down 700 yen compared to the Osaka daytime price, at 34,370 yen. The American stock market was down, with the Dow Jones Industrial Average falling by 234.21 dollars to 38.

Fisco JapanAug 7 19:33 ET

SoftBank Group and others announced a share buyback on August 7th.

The following are the companies that announced the establishment of their own share acquisition framework on August 7th: <9984> SoftBank Group with 0.1 billion shares (6.8%) worth 500 billion yen (August 24th to September 7th) <9432> NTT with 1.4 billion shares (1.7%) worth 200 billion yen (August 8th to March 31st) <1925> Daiwa House with 22 million shares (3.4%) worth 100 billion yen (August 8th to March 31st) <7202> Isuzu with 4

Fisco JapanAug 7 18:04 ET

Nippon Telegraph and Telephone Corporation Reports Q1 Results

Seeking AlphaAug 7 10:21 ET

Today's flows: 08/07 Mitsubishi UFJ Financial Group saw an inflow of JPY¥ 5.77 billion, Toyota Motor saw an outflow of JPY¥ 6.3 billion

On August 7th, the TSE Main Market saw an inflow of JPY¥ 665.84 billion and an outflow of JPY¥ 671.31 billion.$Mitsubishi UFJ Financial Group(8306.JP)$, $SoftBank Group(9984.JP)$ and $Nippon

Moomoo NewsAug 7 02:15 ET