Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Japan's parliament to pass $241 bln extra budget to combat pandemic fallout [Reuters]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: Reuters
Japan's parliament to pass $241 billion extra budget to combat pandemic fallout TOKYO (Reuters) - Japan’s parliament is set to approve on Thursday a $241 billion supplementary budget to fund a record stimulus package featuring cash payouts and loans to cash-strapped firms to cushion the economic blow from the coronavirus pandemic. But the deepening pain from the pandemic, which has forced residents to stay home and businesses to shut down, is already drawing calls from politicians for even bigger spending. With the Bank of Japan pledging on Monday to buy unlimited amounts of bonds to keep borrowing costs low, Japan is set to follow the footsteps of other major economies towards “helicopter money” - money-printing by central banks to finance government debt. “The steps taken so far are for crisis response and could be temporary. But if the crisis is prolonged, they could be readily strengthened,” said Chotaro Morita, chief bond strategist at SMBC Nikko Securities. “This could mark the Show less Read more
Impact Snapshot
Event Time:
SMFG
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
SMFG alerts

from News Quantified
Opt-in for
SMFG alerts

from News Quantified