Tokio Marine Holdings, Inc. (TKOMY) Q2 2024 Earnings Call Transcript Summary

moomoo AINov 23 07:55 ET · Conference Call

Expanding while keeping an eye on the movements of the USA market.

The Nikkei index rebounded for the first time in three days, closing at 38,283.85 yen, up 257.68 yen (with an estimated volume of 1.6 billion 80 million shares). Following the rebound of nvidia in the previous day's usa market, more stocks rose in the Tokyo market, particularly in the semiconductors sector. Additionally, buying aimed at a self-rebound in response to the previous day's declines contributed to the rise, and the Nikkei index increased to 38,420.63 yen towards the end of the morning session. However, there are movements to adjust positions ahead of the weekend, and investors want to assess the situation in Russia and Ukraine.

Fisco JapanNov 22 02:31 ET

Express News | Reported Earlier, Au Jibun Bank Japan Services Purchasing Managers' Index Preliminary For November 50.2 Vs. 49.7 Prior

BenzingaNov 22 00:50 ET

Express News | Reported Earlier, Japan National Core Consumer Price Index (YoY) For October 2.3% Vs. 2.2% Est.; 2.4% Prior

BenzingaNov 22 00:50 ET

Dainippon Printing, Honda, etc. [List of stock information from newspapers]

*Dai Nippon Printing <7912> aims to mass produce glass substrates for AI by 2027-2028 (Nikkan Kogyo Front Page) - ○ *Amada <6113> Establishes STEM education hub in Kanagawa and Isehara (Nikkan Kogyo Page 3) - ○ *Nissan Motors <7201> 6% of US employees apply for early retirement (Nikkan Kogyo Page 3) - ○ *Daito Trust Construction <1878> Developing construction managers in Indonesia, planning to open specialized courses with local universities (Nikkan Kogyo Page 4) - ○ *Hitachi <6501> Hitachi Energy, receives series compensation system from Sweden State-owned

Fisco JapanNov 21 18:10 ET

After selling has gone around, a consolidation around 38,000 yen will continue.

The Nikkei average continued to decline, closing the trading at 38,026.17 yen, down 326.17 yen (with a volume estimate of 1.608 billion shares). In the morning, there were moments where the Nikkei average moved slightly higher due to reactions from the previous day's decline. However, in the early morning Japan time, Nvidia stock, which announced earnings, fell in extended hours trading. In addition, amidst the yen strengthening to around 154 yen against the dollar, leading to a decline in high-tech stocks with significant index ETF contribution, the Nikkei average quickly turned negative and headed towards the negative territory by the middle of the afternoon session.

Fisco JapanNov 21 02:35 ET