Investors Loved Weak Yen Boosting Shares Until It Went Too Far [BNN Bloomberg (Canada)]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
US:NYSE Investor Relations:
mizuho-fg.com/investors/index.html
Company Research
Source: BNN Bloomberg
Japan's depreciating currency has helped the country's shares climb to records, as many of the biggest companies are manufacturers whose income earned abroad rises in yen terms. In the broad Topix Index, transport equipment firms including automakers and electrical machinery companies represent more than 25% of the weighting. But the yen's slide has pushed up import bills in Japan, keeping domestic consumer spending tepid since the currency began weakening in 2022. That's weighed on companies that rely on the home market for profits. Firms including retailers and railway operators underperformed the broader market despite a record number of tourists visiting from abroad. Earnings announcements by most Japanese companies in coming weeks will likely highlight the rising divergence between strong and weak companies. Business leaders in Japan have joined policymakers in expressing alarm about the yen's plunge, with the head of the nation's biggest business lobby group known as Keidan
Show less
Read more
Impact Snapshot
Event Time:
MFG
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
MFG 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
MFG alerts
High impacting Mizuho Financial Group, Inc. Sponosred ADR (Japan) news events
Weekly update
A roundup of the hottest topics
MFG
News
- Inaugural Mizuho DrivHER Summit at the Mizuho Americas Open to Inspire the New Generation of Women Leaders [Yahoo! Finance]Yahoo! Finance
- Inaugural Mizuho DrivHER Summit at the Mizuho Americas Open to Inspire the New Generation of Women LeadersGlobeNewswire
- Japan may have spent US$23.59-billion in latest attempt to prop up yen: central bank data [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Yen Bears Stay on Intervention Alert Even as Efficacy Questioned [BNN Bloomberg (Canada)]BNN Bloomberg
- Lendbuzz Closes $100 Million Warehouse Facility With Mizuho Americas [Yahoo! Finance]Yahoo! Finance
MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website