NTN CORPORATION (6472) Soars 0.61% on Aug 8
Resource from: kgazette
08 Aug,2017
Shares of NTN CORPORATION (TYO:6472) last traded at 495JPY, representing a move of 0.61%, or 3JPY per share, on volume of 154,000 shares. After opening the trading day at 492JPY, shares of NTN CORPORATION traded in a close range. NTN CORPORATION currently has a total float of 531.07 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 326JPY and high of 604JPY.
TSE: Building The Future Of Japan
The Tokyo Stock Exchange (TSE) is a meaningful representation of the Japanese economy. Just like in any other nation, the equity market is an important indicator of present and future sentiments.
TSE
Having been established in 1878, the TSE is among the first stock exchanges in Asia. Needless to point out, it was already there during the World War II (WWII). Unable to withstand the repercussions of the WWII, the TSE had closed in 1945. Four years later, it had a major comeback under a new Securities Exchange Act. Japan had never looked back since then.
Nikkei Stock Average
The Nikkei 225 or Nikkei Stock Average measures the 225 blue-chip stocks on the TSE based on share price and not based on market capitalization. It was officially established on September 7, 1950 as part of the rebuilding efforts after the war.
The Nikkei Stock Average is reviewed every September of every year. Every October, the changes made take effect.
It can be compared to the Dow Jones Industrial Average (DJIA), being the widely quoted index in Japan. Because the Nikkei Stock Average is composed of 225 most actively traded stocks, it is a strong indicator of both the Japanese and Asian economies.
Japanese Equity Market Through the Years
NTN CORPORATION is a stock traded on the Japan stock exchange. In 1986, the Nikkei 225 Futures was launched on the Singapore Exchange (SGX). Two years later, it was launched on the Osaka Securities Exchange (OSE). In 1990, it was launched on the Chicago Mercantile Exchange (CME).
In the 1980s, the TSE had its longest bull period after the yen had appreciated roughly 50% with the help of monetary stimuli from the Bank of Japan (BOJ). The TSE had then represented about 60% of overall global market valuation. The Nikkei Stock Average had finished the decade strong, hitting 38,957.44 on December 29, 1989.
The TSE also had its worst days. In October 2008, the Nikkei Stock Average had fallen below the 7,000 mark, down by 80% from its record peak. Its all-time low of 85.25, on the other hand, was last seen in July 1950.
When an earthquake massively hit Japan in March 2011, the economy was also shattered. Two sessions after the earthquake, the Nikkei Stock Average had lost 10% after nearly reaching the 10,000 mark. It had fallen to a nearly-two-year low on November 25, 2011, closing at 8,160.01. The Nikkei Stock Average had seen its lowest year-end close in almost 30 years that time, concluding 2011 at 8,455.35. Its lowest year-end close was seen at 8,016.70 in 1982. NTN CORPORATION has relatively good liquidity.
The Nikkei Stock Average had eventually recovered, finally reaching the 10,000 mark in 2013. Come 2015, it had already hit the 20,000 mark, making Japan one of the fastest growing economies in the world.
The Japanese economy has been through a lot and it still remains unshaken. If anything, it is still thriving in Asia as one of the region’s economic leaders. This is what makes TSE stocks reasonable long-term investments. Professional analysts might be interested how this will affect NTN CORPORATION.
NTN CORPORATION mainly manufactures and sells axle bearings, constant-velocity joints and precision equipment for automobile, industrial machinery and repair commercial markets. The company has market cap of $263.57 billion. The Company’s products include mechanical components, such as bearings, ball screws, sintered members and others, as well as peripheral components such as gears and motors , sensors and others. It has a 86.69 P/E ratio. It also engages in the marketing of condition monitoring system (CMS) equipment, the manufacture and sale of rolling bearings and sliding bearings (sintered metals, precision resins), as well as the development of high-value-added products, magnetic materials and components for hybrid vehicle power supply, among others.
NTN CORPORATION-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.
TSE: Building The Future Of Japan
The Tokyo Stock Exchange (TSE) is a meaningful representation of the Japanese economy. Just like in any other nation, the equity market is an important indicator of present and future sentiments.
TSE
Having been established in 1878, the TSE is among the first stock exchanges in Asia. Needless to point out, it was already there during the World War II (WWII). Unable to withstand the repercussions of the WWII, the TSE had closed in 1945. Four years later, it had a major comeback under a new Securities Exchange Act. Japan had never looked back since then.
Nikkei Stock Average
The Nikkei 225 or Nikkei Stock Average measures the 225 blue-chip stocks on the TSE based on share price and not based on market capitalization. It was officially established on September 7, 1950 as part of the rebuilding efforts after the war.
The Nikkei Stock Average is reviewed every September of every year. Every October, the changes made take effect.
It can be compared to the Dow Jones Industrial Average (DJIA), being the widely quoted index in Japan. Because the Nikkei Stock Average is composed of 225 most actively traded stocks, it is a strong indicator of both the Japanese and Asian economies.
Japanese Equity Market Through the Years
NTN CORPORATION is a stock traded on the Japan stock exchange. In 1986, the Nikkei 225 Futures was launched on the Singapore Exchange (SGX). Two years later, it was launched on the Osaka Securities Exchange (OSE). In 1990, it was launched on the Chicago Mercantile Exchange (CME).
In the 1980s, the TSE had its longest bull period after the yen had appreciated roughly 50% with the help of monetary stimuli from the Bank of Japan (BOJ). The TSE had then represented about 60% of overall global market valuation. The Nikkei Stock Average had finished the decade strong, hitting 38,957.44 on December 29, 1989.
The TSE also had its worst days. In October 2008, the Nikkei Stock Average had fallen below the 7,000 mark, down by 80% from its record peak. Its all-time low of 85.25, on the other hand, was last seen in July 1950.
When an earthquake massively hit Japan in March 2011, the economy was also shattered. Two sessions after the earthquake, the Nikkei Stock Average had lost 10% after nearly reaching the 10,000 mark. It had fallen to a nearly-two-year low on November 25, 2011, closing at 8,160.01. The Nikkei Stock Average had seen its lowest year-end close in almost 30 years that time, concluding 2011 at 8,455.35. Its lowest year-end close was seen at 8,016.70 in 1982. NTN CORPORATION has relatively good liquidity.
The Nikkei Stock Average had eventually recovered, finally reaching the 10,000 mark in 2013. Come 2015, it had already hit the 20,000 mark, making Japan one of the fastest growing economies in the world.
The Japanese economy has been through a lot and it still remains unshaken. If anything, it is still thriving in Asia as one of the region’s economic leaders. This is what makes TSE stocks reasonable long-term investments. Professional analysts might be interested how this will affect NTN CORPORATION.
NTN CORPORATION mainly manufactures and sells axle bearings, constant-velocity joints and precision equipment for automobile, industrial machinery and repair commercial markets. The company has market cap of $263.57 billion. The Company’s products include mechanical components, such as bearings, ball screws, sintered members and others, as well as peripheral components such as gears and motors , sensors and others. It has a 86.69 P/E ratio. It also engages in the marketing of condition monitoring system (CMS) equipment, the manufacture and sale of rolling bearings and sliding bearings (sintered metals, precision resins), as well as the development of high-value-added products, magnetic materials and components for hybrid vehicle power supply, among others.
NTN CORPORATION-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.
(kgazette)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
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