Stocks plummet on trade war escalation

Clothing store chain Fast Retailing and technology investor SoftBank Group went south along with other components of the Nikkei average.

The yen’s sharp strengthening against the dollar and drops in other Asian stocks also helped the Tokyo market snap its two-session winning streak, brokers said.

Following the early morning tumble, however, the market turned almost static with active trading held in check.

Participants retreated to the sidelines to wait for the opening of the New York market after the weekend, brokers said.

“Tokyo stocks this week are likely to be swayed by developments in the U.S.-China trade conflict and Wall Street’s reactions to them,” said Tomoaki Fujii, head of the investment research division at Akatsuki Securities Inc.

“If U.S. equities extend their losses and the dollar slips through ¥105 again, the Nikkei could fall below 20,000,” Fujii warned.

Falling issues overwhelmed rising ones 1,979 to 138 in the TSE’s First Section, while 33 issues were unchanged.

Volume increased to 1,140 million shares from Friday’s 907 million shares.

All of the 33 subsector price indexes dropped.

Shipping firms plunged amid the strong risk-off mood, with Kawasaki Kisen sinking 4.85 percent, Nippon Yusen 2.30 percent and Mitsui O.S.K. 1.83 percent.

The stronger yen bombarded export-oriented issues such as automaker Nissan, technology giant Sony and industrial robot producer Yaskawa Electric.

Oils, including JXTG, Idemitsu and Cosmo Energy, suffered from a drop in crude oil prices.

Clothing store chain Fast Retailing and technology investor SoftBank Group went south along with other components of the Nikkei average.

Meanwhile, automaker Suzuki and tobacco giant JT were among a handful of winners.

In index futures trading on the Osaka Exchange, the key September contract on the Nikkei average plunged 420 points to end at 20,300.Speech

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Fiber Optical Coupler Market SWOT Analysis by Players Insights from 2019-2025 | Corning, Finisar …

This Global Fiber Optical Coupler market elaborate report, compiled by Market Research Globe, offers a summary study on regional forecast, business …

This Global Fiber Optical Coupler market elaborate report, compiled by Market Research Globe, offers a summary study on regional forecast, business size, and associated revenue estimations. The Fiber Optical Coupler report more emphasizes primary challenges and growth trends adopted by leading makers of the market.

The Fiber Optical Coupler market mentioned within the report has all the informative necessary details like the economic techniques, product provide and demand, applications, future forecast, and growth and development factors mentioned. The geographical and Fiber Optical Coupler industrial dominance is predicted to assist the market carve out a reputation for itself on a world scale. The topological bifurcations also are a Fiber Optical Coupler business growth benefiter market plans to strategically use to realize dominance.

For Players Segments, the Report Comprises of Global Players:

Corning, Finisar, Fujikura, Furukawa Electric, Sumitomo Electric

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By Product

  • Y Coupler
  • T Coupler
  • Star C Coupler
  • Tree Coupler

By Application

  • Datacom
  • Telecom
  • Enterprise
  • Other

Regional Market Analysis:

North America, Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa

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The Fiber Optical Coupler report forecast the market size for varied segments, by key region. The report give elaborate data concerning the most important factors (drivers, restraints, opportunities, and challenges) influencing the expansion of the Fiber Optical Coupler market and opportunities within the overall Fiber Optical Coupler market for stakeholders by distinguishing the high-growth segments.

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Contrasting GCI Liberty (NASDAQ:GLIBA) & SoftBank Group (NASDAQ:SFTBY)

GCI Liberty (NASDAQ:GLIBA) and SoftBank Group (OTCMKTS:SFTBY) are both computer and technology companies, but which is the superior …

GCI Liberty (NASDAQ:GLIBA) and SoftBank Group (OTCMKTS:SFTBY) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.

Analyst Ratings

This is a summary of recent ratings and price targets for GCI Liberty and SoftBank Group, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GCI Liberty 0 1 4 0 2.80
SoftBank Group 0 1 1 0 2.50
GCI Liberty presently has a consensus target price of $69.20, suggesting a potential upside of 16.50%. Given GCI Liberty’s stronger consensus rating and higher possible upside, equities research analysts plainly believe GCI Liberty is more favorable than SoftBank Group.

Dividends

SoftBank Group pays an annual dividend of $0.14 per share and has a dividend yield of 0.7%. GCI Liberty does not pay a dividend. SoftBank Group pays out 4.9% of its earnings in the form of a dividend.

Volatility and Risk

GCI Liberty has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500. Comparatively, SoftBank Group has a beta of 1.62, meaning that its share price is 62% more volatile than the S&P 500.

Institutional & Insider Ownership

88.4% of GCI Liberty shares are held by institutional investors. Comparatively, 0.6% of SoftBank Group shares are held by institutional investors. 8.8% of GCI Liberty shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares GCI Liberty and SoftBank Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
GCI Liberty 83.86% -5.83% -2.96%
SoftBank Group 14.59% 17.93% 4.10%

Earnings and Valuation

This table compares GCI Liberty and SoftBank Group’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
GCI Liberty $739.76 million 8.48 -$873.30 million ($1.58) -37.59
SoftBank Group $86.63 billion 1.07 $12.73 billion $2.84 7.50

SoftBank Group has higher revenue and earnings than GCI Liberty. GCI Liberty is trading at a lower price-to-earnings ratio than SoftBank Group, indicating that it is currently the more affordable of the two stocks.

Summary

GCI Liberty beats SoftBank Group on 8 of the 15 factors compared between the two stocks.

About GCI Liberty

GCI Liberty logoGCI Liberty, Inc., together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is headquartered in Englewood, Colorado.

About SoftBank Group

SoftBank Group logoSoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through six segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, ARM, and SoftBank Vision Fund and Delta Fund. The Domestic Telecommunications segment provides mobile communications and broadband services; and telecom services, such as data communications and fixed-line telephone services to corporate customers, as well as sells mobile devices. The Sprint segment offers mobile communications and fixed-line telecommunications services; and leases and sells mobile devices and accessories. The Yahoo Japan segment is involved in Internet advertising, e-commerce, and membership service businesses. The Distribution segment distributes mobile devices; and sells PC software, peripherals, and mobile device accessories. The ARM segment designs microprocessor intellectual property and related technology; and sells software tools. The SoftBank Vision Fund and Delta Fund segment is involved in investment activities. Further, the company operates professional baseball team, as well as manages and maintains baseball stadium and other sports facilities; provides visual, audio, and data content distribution services; generates, supplies, and sells electricity from renewable energy sources; operates IT information site; offers solutions and services for online businesses; and operates software site, through which it conducts an online game business for mobile phones and PCs, as well as engages in robotics planning, development, and marketing activities. SoftBank Group Corp. was formerly known as SoftBank Corp. and changed its name to SoftBank Group Corp. in July 2015. The company was founded in 1981 and is headquartered in Tokyo, Japan.

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SoftBank Group (OTCMKTS:SFTBF) Stock Price Crosses Below 200-Day Moving Average of $82.25

Shares of SoftBank Group Corp (OTCMKTS:SFTBF) passed below its two hundred day moving average during trading on Friday . The stock has a two …

SoftBank Group logoShares of SoftBank Group Corp (OTCMKTS:SFTBF) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $82.25 and traded as low as $43.57. SoftBank Group shares last traded at $44.37, with a volume of 7,664 shares.

The firm has a fifty day simple moving average of $48.92 and a 200-day simple moving average of $82.25.

An institutional investor recently raised its position in SoftBank Group stock. Atlas Capital Advisors LLC increased its stake in shares of SoftBank Group Corp (OTCMKTS:SFTBF) by 100.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,000 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Atlas Capital Advisors LLC’s holdings in SoftBank Group were worth $144,000 at the end of the most recent quarter.

SoftBank Group Company Profile (OTCMKTS:SFTBF)

SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through six segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, ARM, and SoftBank Vision Fund and Delta Fund. The Domestic Telecommunications segment provides mobile communications and broadband services; and telecom services, such as data communications and fixed-line telephone services to corporate customers, as well as sells mobile devices.

Further Reading: What are the risks of holding treasury bonds?

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Tokyo stocks close higher, tracking US rallies

Tokyo, Aug 20, 2019 (AFP) -Tokyo stocks closed higher for a third straight session on Tuesday, taking a positive lead from bullish trade on Wall Street.

Tokyo, Aug 20, 2019 (AFP) -Tokyo stocks closed higher for a third straight session on Tuesday, taking a positive lead from bullish trade on Wall Street.

The benchmark Nikkei 225 index moved up 0.55 percent, or 114.06 points, to end at 20,677.22, while the broader Topix index climbed 0.83 percent, or 12.44 points, to 1,506.77.

The Dow Jones Industrial Average jumped 1.0 percent Monday, joining a global rally amid talk of economic stimulus in Germany and China and expectation of further Federal Reserve interest rate cuts.

“US and European equities had a solid night boosted by confirmation the US commerce department will delay its ban on (Chinese telecom giant) Huawei for another 90 days,” said Rodrigo Catril, senior FX strategist at National Australia Bank.

“Equity markets were also boosted by further speculation that the German government is preparing to ease fiscal policy with the news also fuelling a rise in core global bond yields.”

“The Nikkei index rose following gains of US shares… but the growth was rather limited as traders are closely watching US Federal Reserve Chairman Jerome Powell’s speech” when he opens the central bank’s annual Jackson Hole symposium later this week, Yoshihiro Ito, Okasan Online Securities chief strategist, said in a note.

The dollar fetched 106.47 yen in Asian trade, against 106.66 yen in New York on Monday and 106.39 yen in Tokyo late Monday.

In Tokyo share trading, chip makers were among the gainers with Tokyo Electron rising 1.36 percent to 18,930 yen and Advantest 0.74 percent to 4,055 yen.

Auto giant Toyota climbed 0.52 percent to 6,909 yen and Honda rose 0.93 percent to 2,395 yen.

Panasonic jumped 1.33 percent to 817.7 yen with Sony up 1.17 percent at 5,965 yen.

However, IT investor SoftBank Group fell 0.86 percent to 4,937 yen.

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NATIONAL AUSTRALIA BANK

PANASONIC CORP.

ADVANTEST

TOKYO ELECTRON

TOYOTA MOTOR

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