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The Nikkei Average started at 304.14 yen higher and recovered to the 28,000 yen level for the first time in 2 days

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moomooニュース日本株 wrote a column · Nov 30, 2022 18:18
The Nikkei Average started at 304.14 yen higher and recovered to the 28,000 yen level for the first time in 2 days
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
The Nikkei Stock Average started today in the Tokyo stock market at 28273.13 yen, 304.14 yen higher than the previous business day, and 1996.72, when the Tokyo Stock Price Index (TOPIX) rose 11.15 points.
The Nikkei Average started at 304.14 yen higher and recovered to the 28,000 yen level for the first time in 2 days
Individual stocks
Fujitec - rebounds for the first time in 5 days Oasis Management buys more of the company's shares and the holding ratio is 9.73% → 16.52%
$Fujitec(6406.JP)$ : Fujitec rebounded for the first time in 5 days. As for the company's shares, the holding ratio of Oasis Management has increased. It was discovered in the mass ownership report (5% rule) accepted on November 30. The ownership ratio is 9.73% → 16.52%. Furthermore, Oasis Management announced on November 30 that it will request the convening of an extraordinary general meeting of shareholders in order to dramatically improve Fujitec's governance and protect Fujitec.
MOL invests 400 billion yen in Momiai Real Estate Strengthening non-shipping with rice, etc. = Nikkei
$Mitsui O.S.K. Lines(9104.JP)$ : MOL is in a fight. The morning edition of the Nihon Keizai Shimbun dated 1st reported that the company will invest 400 billion yen in the real estate business over 5 years from 2023. According to the article, Daibiru, which became a wholly owned subsidiary in April, will take the lead, and in addition to expanding into the United States, there will be an increase in overseas projects such as Vietnam and Australia. It is planned to rapidly expand investment in real estate where stable profits can be expected over the medium to long term while the shipping business is doing well, and dependence on the container business, which is easily influenced by market conditions, will be reduced.
Honda - Momiai autonomous driving up to 120 kilometers per hour in the latter half of the 20s = Nikkei
$Honda Motor(7267.JP)$ : Honda is in a fight. The morning edition of the Nihon Keizai Shimbun dated 1st reported that the company made it clear that “level 3” autonomous driving technology, which conditionally automates driving, can be used at an upper limit on the legal speed of expressways. According to the article, the speed will be 120 kilometers per hour domestically, and the technology will be established in the latter half of the 2020s. The company was the first in the world to obtain approval from a level 3 country and sold it in '21. As competition among companies intensifies in autonomous driving, it is said that differences will be made by enhancing technical capabilities that reduce the burden on drivers.
Distribution source: Traders Web, Nihon Keizai Shimbun, Yahoo Finance
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