Japan Consumer Stocks to Get Boost as Wage Increases Kick In [BNN Bloomberg (Canada)]
![BNN Bloomberg](../../../Content/images/providers/BNN Bloomberg.png)
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
Company Research
Source: BNN Bloomberg
That's expected to be a tailwind for domestic demand-focused sectors including food and retail, said Nozomi Moriya, Japan equity strategist at UBS Securities. Those sectors are among the smallest gainers on the Topix index so far this year, with the Topix retail gauge rising 8.8% and food firms climbing 7.9% at a time when the broad market advanced 22%. “The recovery in consumption is really what we are waiting for,” said Moriya. “When consumption finally recovers, sectors that are lagging behind will catch up with the rest, and it will have an upside impact on the market.” Japan's annual wage negotiations earlier this year concluded with strong gains, but expectations of higher spending haven't been priced in yet. Furthermore, companies that haven't raised paychecks in a long time are taking time to do so, according to Tomo Kinoshita, global market strategist at Invesco Asset Management Japan. A recovery in consumer stocks will provide another boost to the broad-gauge Topix, w
Show less
Read more
Impact Snapshot
Event Time:
C
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
C alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
C alerts
High impacting Citigroup, Inc. news events
Weekly update
A roundup of the hottest topics
C
News
- Canada's gold exports to China rise, shining through any other trade tensions [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Labour's £10 Billion Crisis Bill Just the First Fiscal Challenge [Yahoo! Finance Canada]Yahoo! Finance Canada
- Labour's £10 Billion Crisis Bill Just the First Fiscal Challenge [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Labour's £10 Billion Crisis Bill Just the First Fiscal Challenge [BNN Bloomberg (Canada)]BNN Bloomberg
- TD names new chief compliance officer amid laundering probes [BNN Bloomberg (Canada)]BNN Bloomberg
C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 7/8/24 - Form 424B2
- 7/8/24 - Form 424B2
- 7/8/24 - Form 424B2
- C's page on the SEC website