Fidelity International sees further gains in Japanese stocks next year and has s...
TOKYO - Fidelity International sees further gains in Japanese stocks next year and has started to invest in some value shares selectively, such as some automakers, the asset manager’s Tokyo-based investment chief Takashi Maruyama told Reuters.
He said many manufacturers had cut their full-year profit forecasts, but year-on-year falls in profits are slowing and leading investors to think the worst period could be behind them. But Misumi stocks jumped nearly 10% in less than two weeks since the earnings announcement, because investors have focused on the fact that year-on-year decline in earnings stopped worsening in October-March.
“We have already started buying some of the value stocks selectively. No financial names yet but some auto stocks,” the head of Japanese equities unveiled, adding that buying into value companies remains a divisive subject in his investment team.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Papa John's new CEO shakes up top management; CFO to leavePapa John's International Inc said on Wednesday its finance head would leav...
Consulte Mais informação »
SoftBank Takes Loss of $4.7 Billion on WeWork InvestmentSoftBank marked down the total value of the company’s equity to $7.8 billion and hasn’t factored in its bailout of the office-sharing company.
Consulte Mais informação »
IOC pledges $10 million for anti-doping enforcement ahead of 2020 Tokyo OlympicsThe International Olympic Committee will pour $10 million into anti-doping enforcement amid the emergence of genetic testing as the 2020 Tokyo Olympics draw near.
Consulte Mais informação »
Ariana Grande's ex snapped on second date with teen model Kaia GerberPete Davidson and Kaia Gerber were spotted heading out for a dinner date in Malibu, the second time they've been seen in public together
Consulte Mais informação »
AMC Theatres Loss Narrows on Record Attendance, Stubs A-List Reaches 900,000 SubsThe cinema giant, led by CEO Adam Aron, saw attendance rise at its U.S. and international theaters.
Consulte Mais informação »
Passengers, restaurants struggle with water cutoff at Haneda terminalTokyo's Haneda airport was grappling with a water supply cutoff at one of i...
Consulte Mais informação »