Erste Group Downgrades Toyota Motor to Hold
Erste Group analyst Hans Engel downgrades Toyota Motor (NYSE:TM) from Buy to Hold.
Toyota Motor Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/14/2024 — Erste Group Downgrades Buy → Hold 07/11/2023 — Morgan Stanley Downgrades Overweight → Equal
AU Weekly Wrap | May Unemplyment Rate Falls; Telix Pharmaceuticals Shares Sink on Unexpected Nasdaq News
Check out what happened in this week's AU stock market as well as the key economic data for next week.
AU Evening Wrap: Australia Shares Fall 0.3%, Notch Weekly Decline
Australian shares fall 0.3% on Friday, with the benchmark index experiencing a 1.7% decline over the week due to losses in iron-ore, lithium, and oil stocks.
Honda, NTT DATA G, etc.
*Honda (7267) and Mitsubishi Corporation to establish a new company in Tokyo next month that will leverage EV batteries. *NTT DATA (9613) partners with Denso on car software development efficiency. *Toray Industries (3402) launches a new brand that reuses waste to create umbrellas. *LINE Yahoo (4689) to discontinue its domestic service for LINE Pay in April next year. *Sony Group Corp (6758) strengthens its entertainment business.
Dave & Buster's Posts Downbeat Results, Falls 9%
U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Thursday.Shares of Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) fell sharply in today's pre-market tr
AU Evening Wrap: Australia Shares Rise 0.4% as Unemployment Rate Falls
Australia shares rise 0.4% as unemployment rate falls. Nine out of eleven sectors finished higher, with tech and healthcare leading the way.
After buying around led by high-tech, we are waiting for the Bank of Japan's meeting to adjust our holdings.
The Nikkei Average continued to fall. It ended trading at 38,720.47 yen, down 156.24 yen (with an estimated trading volume of 1.61 billion shares). Following the trend of buying high-tech stocks in the US market the day before, semiconductor-related stocks rose in the Tokyo market, and the Nikkei Average rose to 39,252.44 yen shortly after the start of trading. However, there were short-term sell-offs to secure profits due to the expectation of wanting to gauge the results of the Bank of Japan's monetary policy meeting that started today, as well as futures and options for June.
J Front, Sojitz, etc. (additional) Rating
Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change | ------|-----------------|----------|--------------|---------|<1860>|Toda Kensetsu | Mizuho | "Under P" | "Hold" |<5233>|Pacific Cement | Mizuho | "Hold" | "Buy" | Downgrade-Bearish Code | Stock Name
List of converted stocks (Part 2) [List of converted stocks for Parabolic Signal]
List of sell conversion stocks on the market. Code, stock name, closing price, and SAR Tokyo Prime. <1860> Toda Construction, 1027/1127. <1878> Daito Construction, 16600/17295. <1968> Taihei Electric, 5290/5660. <2004> Showa Sangyo, 3095/3230. <2294> Kakiyasu Honten.
List of Cloud Breakout Stocks [Ichimoku Balance Table, List of Cloud Breakout Stocks]
List of Cloud Breakthrough stocks in the market Code Company Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange - Prime <1879> Shin Nippon Ken 1620 1592 1471.5 <2692> Itochu Shokuhin 7270 7097.5 7265 <2733> Arata 3350 3311.25 3267.5 <2933> Kibun Foods
AU Evening Wrap: Australia Shares Fall 0.5% as Mining Sector Weakness Persists
Australia shares fall 0.5% as mining sector weakness persists. The energy sector was the only gainer among the eleven sectors, adding 1.0%, backed by strength in oil explorers and producers.
Reported Earlier, Mitsubishi Electric's ME Innovation Fund Backs Pente Networks To Advance Private LTE/5G Solutions
While private LTE/5G networks have increasingly been introduced in the U.S. since prices for both 5G devices and 5G base stations have fallen, only a few businesses can offer these networks as IaaS. T
Hitachi, Shizuoka FG, etc. (additional) Rating
Upgrade - Bullish Code | Stock Name | Securities Company | Conventional | After Modification | ----- | ------------ - | ---------- | ------------ | --------- | <3923> | Lax | Nomura | "Neutral" | "Buy" | <5947> | Rinnai | SMBC Nikko | "3" | "2" | <9142> | JR Kyushu | SMBC Nikko | "3"
Rating [security companies rating]
Upgrade - Bullish Code | Stock Name | Securities Company | Conventional | After change | ------ | --------------- | ------------ | ------------ | ---------------- | <9142> | JR Kyushu | SMBC Nikko | "3" | "2" | <5947> | Rinnai | SMBC Nikko | "3" | "
List of Conversion Stocks (Part 1) [List of Parabolic Signal Conversion Stocks]
List of buy conversion stocks Market Code Stock name Closing price SAR TOPIX Prime <1375> Yukiguni Maitake 982 956 <1663> K&O Energy 4140 3630 <1720> Tokyu Construction 760 751 <1803> Shimizu Construction 860 821 <1812> Kajima 2715 257
Metals & Mining Monitor | Commodity Markets Remain on a Downward Trend; Freeport Indonesia Raises Copper Output Target
Commodity markets remain on a downward trend; Freeport Indonesia raises copper output target, awaits export permit extension.
AU Evening Wrap: Australian Shares End Three-Day Rally Ahead of US Inflation Data and Fed Policy Meeting
Australian shares end three-day rally ahead of US inflation data and Fed policy meeting. Ten out of eleven sectors show negative performance.
After the purchasing circle, observe the situation before important events in Japan and the United States.
The Nikkei Average continued to rise, ending trading at 39,134.79 yen, up 96.63 yen (with a rough volume of 1.37 billion shares traded). Following the trend of the US market where a corner of high-tech stocks were bought despite little movement, buying also went to semiconductor-related stocks. Also, with the rise in long-term US interest rates and high oil market conditions, buying also went to bank and resource-related stocks, causing the Nikkei Average to expand its gains to 39,336.66 yen by the middle of the morning session. Meanwhile, in the US, the Federal Open Market Committee (FOMC) begins its meeting.
AU Morning Wrap: ASX Drops; Gold Miners Take a Hit
ASX drops; Gold miners take a hit. Stocks to watch: Beach Energy, Bapcor, AGL Energy.