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Global Rail Composites Market Analysis 2024-2034: Ecological and Operational Enhancements Fuelling Expansion With Solvay, Hexcel, Toray Industries, Gurit, Teijin, 3A Composites, & Avient Dominating
Nikkei Average continues to rise, bought on the back of the rise in US stocks, but the weight of the upper limit remains unchanged.
On the 18th, the US stock market continued to rise. The Dow Jones rose 56.76 points (+0.15%) to 38,834.86, the Nasdaq rose 5.21 points (+0.03%) to 17,862.23, and the S&P 500 rose 13.80 points (+0.25%) to 5,487.03 at the close of trading. After shifting towards the belief that the results of May's retail sales justified a rate cut, the market rose. At the same time, concerns about the economy spread and the market struggled to grow. High-tech stocks were sold off for profit-taking near record highs.
Three points to watch in the morning session: aiming for a rebound in high-tech stocks despite the stalemate.
In the morning of the 19th trading day, the following three points deserve attention: ■ Aiming for a rebound in high-tech stocks despite the stalemate ■ Teijin, downward revision of operating profit to 16 billion yen from 26 billion yen ■ Focus of the morning: Tamura Manufacturing enters railway current sensors and expands into Europe and the United States ■ Despite the stalemate, the Japanese stock market on the 19th is likely to have a strong market development feel after a round of buying. In the US market on the 18th, the NY Dow rose 56 dollars and the Nasdaq rose 5 points.
Teijin revised its forecast to a 16 billion yen operating profit, down from the previous forecast of 26 billion yen on March 25th.
Teijin (3401) has announced a revision to its financial estimates for the year ending March 2025. Revenue was revised downward from 1.5 trillion yen to 975 billion yen, and operating profit was revised downward from 26 billion yen to 16 billion yen. B.X.J C.2 Holding has announced a tender offer for Infocom (4348). The company will not apply its own Infocom shareholding to the tender offer and sell its shares through a share buyback by Infocom after the offer.【Minor】
Blackstone Makes Offer to Buy Japanese E-comics Platform
Teijin: interim report
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