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Express News | [Change Report] Fidelity's subsidiary FMR reported an increase in its shareholding of Izumi Electric (9824.JP) to 9.81%.
List of stocks breaking through clouds (weekly) (part 2)
○ List of stocks that have broken above the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Main Board ＜7003＞ Mitsui E&S 1823 1471.25 1649.5 ＜7294＞ Yorozu 1104 1063.25 1010.5 ＜7522＞ Watami 1065 901.25 1022.5 ＜7596＞ Uo Riki 2460 2431.5 2376.5 ＜7605＞ Fuji Corporation 2088 2019.2
Quanzhou Electric Industry --- 1Q increased revenue, with sales rising for Autos and Construction & electric sales.
On the 6th, Quanzhou Electric Power Co., Ltd. <9824> announced its consolidated financial results for the first quarter of the fiscal year ending October 2025 (November 2024 - January 2025). Revenue increased by 9.1% year-on-year to 36.812 billion yen, operating profit rose by 2.3% to 2.704 billion yen, ordinary profit grew by 2.8% to 2.85 billion yen, and net profit attributable to the parent company's shareholders decreased by 0.6% to 1.946 billion yen. In the cable industry, in which the company operates, the price of copper, the main material for cables, averaged 1.4 million yen per ton during the period.
The Nikkei average rose by 286 points, continuing to rise, showing steady progress, but its upward momentum weakened toward the end of trading on the 6th.
On the 6th, the Nikkei average stock price rose by 286.69 yen compared to the previous day, reaching 37,704.93 yen, while the TOPIX (Tokyo Stock Price Index) also rose by 33.20 points to 2,751.41 points, continuing its upward trend. On the 5th, in the US stock market, it was revealed that tariffs on imported goods from Canada and Mexico would be suspended for one month for automobile-related items, easing excessive concerns about the US economy, leading to a rebound in both the NY Dow and Nasdaq Composite Index for the first time in three days. Japanese stocks also received a boost, with buying observed across a wide range of stocks.
Senshu Electric Reports Strong Q1 2025 Results With Increased Sales and Dividend Forecast
Senshu Electric: Summary of financial results for the 1st quarter of the fiscal year ending 2025/10 [Japanese GAAP] (consolidated)
