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0.0323325635103927 0.0323325635103927 0.0300230946882217 0.0300230946882217 0.0242494226327946 0.0242494226327946 0.0242494226327946 0.0242494226327946
Stock impact report

Japanese shares jump most in nearly two weeks on positive earnings [Financial Post (Toronto, Ontario, Canada)]

JAPAN AIRLINES UNSP/ADR (JAPSY) 
NASDAQ:AMEX Investor Relations: jal.com/en/investor/index2.html
Company Research Source: Financial Post
Advertisement The Nikkei share average rose 0.7% to close at 27,993 and the broader Topix climbed 1% to 1,960, their biggest gains since July 20. The indexes marked their best months since late 2020 in July and with year-to-date losses of about 3% or less, both are outperforming world equities’ 15% drop, yet analysts say there aren’t many catalysts to drive a rally. “Medium- and long-term investors are on the sidelines,” said Yutaka Miura, a senior equities analyst at Mizuho Securities, with domestic investors doing most of the buying on Monday. Drugmaker Sumitomo Pharma rose 8% after announcing a quarterly profit last week. Ajinomoto, maker of the popular MSG umami seasoning, rose 6.4% on a profit beat. Building materials’ firm TOTO surged 7.2% after reporting its results on Friday. Sony, however, fell 3.2% after the conglomerate cut its outlook, citing waning consumer interest. Electronics firms Fujitsu and Alps Alpine fell 6.6% and 13.4%, respectively after rising materials Show less Read more
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