Nikkei 225 Plummets 5.93% as Advance/Decline Ratio Hits 0.42x; FANUC Corp. Shines
The Japanese stock market is currently facing significant volatility, with the Nikkei 225 index declining by 5.93% over the past month. This downturn is underscored by a troubling advance-decline ratio of 0.42x, indicating more stocks are declining than advancing. While large-cap stocks like FANUC Corp. performed well, mid-cap and small-cap sectors showed mixed results, with notable gains from Nippon Electric Glass and Canon Electronics, contrasted by losses from MODEC and SERENDIP Holdings. Investors are now focused on upcoming earnings reports, which could impact market direction.
The Japanese stock market is experiencing notable volatility, with the Nikkei 225 index down by 5.93% over the past 30 days. This decline reflects broader market challenges, as the advance-decline ratio indicates a significant imbalance, with 1,044 stocks advancing compared to 2,491 declining, resulting in an overall ratio of 0.42x.In the large-cap segment, FANUC Corp. emerged as the top performer, achieving a return of 6.51%, while SoftBank Group Corp. struggled, posting a return of -5.23%. Mid-cap stocks saw Nippon Electric Glass Co., Ltd. leading with a return of 9.87%, contrasted by MODEC, Inc., which fell by 7.35%. The small-cap sector was dominated by Canon Electronics, Inc., which reported an impressive return of 11.66%, while SERENDIP Holdings Co. Ltd. faced significant losses, down by 12.83%.
The advance-decline ratios further highlight the market's struggles, particularly in small-cap stocks, where only 439 advanced against 1,291 that declined, yielding a ratio of 0.34x. As the market navigates these challenges, investors are closely monitoring upcoming earnings reports from various companies, which may influence future trends.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
