Latest news with #NHFoods
Economic Times
12 hours ago
- Business
- Economic Times
Japan's Nikkei ekes out gain despite trade uncertainty; steelmakers jump
Japan's Nikkei edged higher amid U.S. trade deal uncertainty and tariff threats, snapping a two-day decline. Investors are cautious ahead of U.S. employment data and the Independence Day holiday. JFE Holdings and Renesas led gains, while NH Foods and Konami Group were among the biggest losers. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Japan's Nikkei share gauge eked out a small gain on Thursday even as uncertainty over a trade deal with the United States and the threat of heavy tariffs kept a lid on investor shares were under water most of the session before breaking higher at the close. The Nikkei 225 Index ended 0.1% higher, snapping a two-day decline. The broader Topix also rose 0.1%.Prolonged trade negotiations with the U.S. have yet to produce a deal, with President Donald Trump recently threatening even higher tariffs on Japan from as soon as next Minister Shigeru Ishiba said on Wednesday he was determined to protect Japan's national interests, while chief trade negotiator Ryosei Akazawa was reported to be organising his eighth visit to the U.S. as early as this weekend."If the negotiations do not produce results, it will be a major blow to the Japanese economy," said Nomura strategist Fumika Nikkei has taken a breather after surging more than 4.5% last week, largely on the back of gains in artificial intelligence-related bought a net 651.3 billion yen ($4.5 billion) worth of Japanese stocks in the week to June 28, marking their 12th week of buying out of the past 13, data from finance ministry were also cautious ahead of key employment data in the U.S. on Thursday and a market close on Friday for the Independence Day holiday, said Takamasa Ikeda, portfolio manager at GCI Asset Management."Overseas investors may also be taking a wait-and-see approach today," he were 130 advancers on the Nikkei index against 92 Holdings surged 5.4%, leading an advance among iron and steel makers, which were the biggest gainers among the Tokyo Stock Exchange 's 33 industry heavyweight Renesas jumped 4.8%. Tokyo Electron, a maker of semiconductor production equipment, rose 1.8%.The largest losers by percentage on the Nikkei were NH Foods , down 4.8%, followed by Konami Group, which lost 4.3%, and Muji-brand retailer Ryohin Keikaku, which slid 3.7%.
Business Recorder
14 hours ago
- Business
- Business Recorder
Japan's Nikkei meanders on US trade deal uncertainty; steelmakers
TOKYO: Japan's Nikkei share gauge swung between gains and losses on Thursday as uncertainty over a trade deal with the United States and the threat of heavy tariffs prompted investor caution. The Nikkei 225 Index edged 0.1% lower as of the morning break while the broader Topix was down 0.3%. Prolonged trade negotiations with the US have yet to produce a deal, with President Donald Trump recently threatening even higher tariffs on Japan. Prime Minister Shigeru Ishiba said on Wednesday he was determined to protect Japan's national interests, while chief trade negotiator Ryosei Akazawa was reported to be organising his eighth visit to the US as early as this weekend. 'If the negotiations do not produce results, it will be a major blow to the Japanese economy,' said Nomura strategist Fumika Shimizu. There were 112 advancers on the Nikkei index against 110 decliners. The biggest percentage losers on the gauge were Muji-brand retailer Ryohin Keikaku, down 6%, followed by NH Foods, which slid 4.9%. JFE Holdings surged 4.9%, leading an advance among iron and steel makers, which were the biggest gainers among the Tokyo Stock Exchange's 33 industry sub-indexes.
New Straits Times
17 hours ago
- Business
- New Straits Times
Japan's Nikkei meanders on US trade deal uncertainty; steelmakers jump
TOKYO: Japan's Nikkei share gauge swung between gains and losses on Thursday as uncertainty over a trade deal with the United States and the threat of heavy tariffs prompted investor caution. The Nikkei 225 Index edged 0.10 per cent lower as of the morning break while the broader Topix was down 0.30 per cent. Prolonged trade negotiations with the US have yet to produce a deal, with President Donald Trump recently threatening even higher tariffs on Japan. Prime Minister Shigeru Ishiba said on Wednesday he was determined to protect Japan's national interests, while chief trade negotiator Ryosei Akazawa was reported to be organising his eighth visit to the US as early as this weekend. "If the negotiations do not produce results, it will be a major blow to the Japanese economy," said Nomura strategist Fumika Shimizu. There were 112 advancers on the Nikkei index against 110 decliners. The biggest percentage losers on the gauge were Muji-brand retailer Ryohin Keikaku, down 6 per cent, followed by NH Foods, which slid 4.90 per cent. JFE Holdings surged 4.90 per cent, leading an advance among iron and steel makers, which were the biggest gainers among the Tokyo Stock Exchange's 33 industry sub-indexes.
Business Insider
5 days ago
- Business
- Business Insider
Morgan Stanley Reaffirms Their Hold Rating on NH Foods (NI6)
In a report released yesterday, from Morgan Stanley maintained a Hold rating on NH Foods (NI6 – Research Report), with a price target of Yen5,400.00. The company's shares closed yesterday at €29.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter NH Foods has an analyst consensus of Moderate Sell, with a price target consensus of €29.02. NI6 market cap is currently €2.88B and has a P/E ratio of 18.04.
