Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Japan Consumer Stocks to Get Boost as Wage Increases Kick In [BNN Bloomberg (Canada)]

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
Opt-in for C alerts
Opt-in for
C alerts

from News Quantified
Opt-in for
C alerts

from News Quantified