Japanese shares snap 3-day losing streak as battered stocks bought back [Reuters]
Honda Motor Company, Ltd. (HMC)
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Source: Reuters
Japanese shares snap 3-day losing streak as battered stocks bought back * Nikkei up 1.52%, Topix gains 1.36% * Battered value shares bought back, Topix value up 2% * CyberAgent, Zozo up after earnings * Eisai drops after Alzheimer’s drug delay TOKYO, April 23 (Reuters) - Japanese stocks rose on Thursday, as sellers covered their positions after Wall Street rebounded overnight on the promise of more U.S. government aid to ease the economic damage inflicted by the coronavirus health crisis. The Nikkei share average rose 1.52% to 19,429.44 after three straight sessions of losses. The broader Topix gained 1.36% to 1,425.98. “We have seen a bit of short-covering after U.S. stocks rebounded and oil prices stabilised for now. For now, the Nikkei may stay range-bound between 19,000 and 19,500 ahead of Japanese earnings,” said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management. Analysts are sanguine about Japanese corporate earnings this year in the expectation of swif
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HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website