Japan's bank shares soared on profit forecast

Note: This section contains information in English only.
Source: BBC
Stocks of the biggest banks in Japan rose after this year profit forecast was upgraded. Mizuho Financial Group shares gained 0.9% while Sumitomo Mitsui Financial Group advanced by 1%. Meanwhile, shares of Mitsubishi UFJ inched up by 0.6%. The banks stressed an increase in borrowing and larger market share abroad as major factors contributing to expectation for higher profits this year.


Back to articles

Actual Topics

Wed, 16 May 2012 13:46:27 GMT

Facebook Expands IPO to 421.2 Million shares

Facebook increases the share offering by 25% to 421.2M sharesto collect near $16B. At the offering's price of $34-$38 per share Facebook is rushing towards the largest technology IPO in the history.

Wed, 16 May 2012 08:42:26 GMT

Crude oil declines in Asian trade

Crude oil prices extended previous losses during Asian trade on Wednesday as political deadlock in Greece continued to dampen investors' sentiment. Moreover, speculation that US stockpiles are likely to have grown last week weighted on the commodity price. Light, sweet crude oil futures for June delivery traded at 93.44 US Dollars per barrel on the New York Mercantile Exchange, falling

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.