|Bid||65,790.00 x 0|
|Ask||65,880.00 x 0|
|Day's Range||64,470.00 - 66,030.00|
|52 Week Range||50,780.00 - 73,870.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||37.94|
|Earnings Date||Jul 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||71,375.00|
Japan's Nikkei edged higher in choppy trade on Friday, helped by index heavyweight Fast Retailing, but weak profits from some firms such as Yaskawa Electric dragged on machinery stocks. In afternoon trade, virtual currency exchange operator Remixpoint Inc started tumbling and ended 19% lower after saying it had detected an improper leak of virtual currency worth around 3.5 billion yen. Fast Retailing jumped 3.2% and contributed a hefty 79 points to the Nikkei.
Japan's Nikkei was flat on Friday morning with investors shifting their focus to corporate earning as weak profits from some firms such as Yaskawa Electric dragged on machinery stocks. As Japanese markets will be closed for a holiday on Monday, investors are refraining from taking large positions, analysts said. On Thursday, Yaskawa Electric, a motion control equipment maker with exposure in China, kicked off the earnings season and reported a 58% fall in its operating profit for the March-May quarter.
Japan's Nikkei edged up to a one-month high on Thursday as investors bought carmakers and other cyclical shares on growing hopes that a trade deal can be reached between Washington and Beijing. Carmakers, which have been undermined by worries about global slowdown and threats from U.S. President Donald Trump to impose tariffs on imported cars, rose 0.9 percent. Nissan, whose former chairman Carlos Ghosn was re-arrested on Thursday on suspicion of trying to enrich himself at the automaker's expense, rose 0.6 percent.
Japan's Nikkei logged the biggest daily gain since March on Friday buoyed by companies which have large exposure in China such as Yaskawa and Fanuc on hopes that U.S.-China trade tension may ease. In afternoon ...
Japan's Nikkei soared to 1-1/2-week high on Friday tracking gains on Wall Street, but electronics components makers languished after Apple's conservative outlook disappointed the market. Nippon Sharyo Ltd, the manufacturer of a train that derailed in Taiwan killing 18 people last month, plunged 17 percent to hit the daily limit low. It said it had discovered a design flaw that failed to alert the central control system that an automatic safety feature had been turned off.
At least 16 brokerages cut their price targets on Facebook after Chief Financial Officer David Wehner startled an otherwise routine call with analysts by saying the company faced a multi-year squeeze on its business margins. Shares fell as much as 19.6 percent to $174.78, a decline that if sustained would wipe about $124 billion off the company's value - or nearly four times the entire market capitalization of Twitter Inc.