Japanese financial markets newsletter

JAP

BSS NEWS BITES ALERTS ISSUED FOR JAPAN MARKET ON WEDNESDAY 18 OCTOBER 2017

NEWS BITES - JAPAN

Total Tokyo Market up 7.88 points or 0.04% to 18,894.66

BSS News Bites issued 482 Alerts on notable trading amongst the 3,549 Stocks traded on the Total Tokyo Market today, of which 287 (59%) were Bullish.

Of all the Alerts, the following were the most prominent in today's trading:

SECTOR BULLS

+ Shin-Etsu Chemical, the largest chemicals company by market capitalisation in the Japan's, has increased 1.1% to trade at JPY10,570.0 vs. the Chemicals sector which strengthened 57.1 points (or 0.2%) to 27,558.8. Representing a weighting of about 10.2% of the sector, the stock accounted for 51.3% of today's gain. The shares have outperformed 92% of the market in the past week. Trading volume was 1.2 times average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price increase of 0.9%.

+ Bridgestone, the largest rubber products company by market capitalisation in the Japan's, has increased 1.2% to trade at JPY5,416.0 vs. the Rubber products sector which strengthened 167.4 points (or 0.5%) to 33,504.9. Representing a weighting of about 68.9% of the sector, the stock accounted for the gain. The shares have outperformed 86% of the market in the past week. Trading volume was 1.1 times average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price increase of 1.0%.

+ Nippon Paper Industries, the 2nd largest pulp & paper company by market capitalisation in the Japan's, has increased 0.9% to trade at JPY2,182.0 vs. the Pulp & paper sector which strengthened 17.7 points (or 0.2%) to 10,377.0. Representing a weighting of about 14.1% of the sector, the stock accounted for 76.6% of today's gain. The shares have outperformed 83% of the market in the past week. Trading volume was 77% of average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price increase of 0.8%.

SECTOR BEARS

+ Mitsubishi, the largest wholesale trade company by market capitalisation in the Japan's, has decreased 0.6% to trade at JPY2,570.0 vs. the Wholesale trade sector which weakened 62.8 points (or 0.3%) to 21,304.1. Representing a weighting of about 14.0% of the sector, the stock accounted for 29.0% of today's loss. Trading volume was 68% of average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price change of -0.7%.

+ SMC, the 3rd largest machinery/industrial goods company by market capitalisation in the Japan's, has decreased 1.0% to trade at JPY40,890.0 vs. the Machinery/Industrial goods sector which weakened 63.8 points (or 0.2%) to 26,792.5. Representing a weighting of about 8.1% of the sector, the stock accounted for 33.7% of today's loss. Trading volume was 74% of average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price change of -1.1%.

+ Nippon Yusen Kabushiki Kaisha, the 2nd largest marine transportation company by market capitalisation in the Japan's, has dropped 3.0% to trade at JPY2,330.0 vs. the Marine transportation sector which weakened 92.6 points (or 1.8%) to 5,098.4. Representing a weighting of about 32.1% of the sector, the stock accounted for 53.2% of today's loss. The shares have underperformed 81% of the market in the past six months. Trading volume was 1.6 times average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price change of -3.1%.

BSS News Bites alerted Unusual Rises in 9 Stocks through the day, of which the most prominent were:

HeadlineO/all Price Change52-Wk High
Ichiyoshi Securities jumped 7.6% on strong volume 18 October 2017 10:53 JST in the morning, closing 0.57% higher at JPY1,237.0JPY94.0 [8.22%]JPY1,247.0
Pola Orbis lifted 3.0% on robust volume 18 October 2017 10:53 JST in the morning, closing -0.26% lower at JPY3,785.0JPY100.0 [2.71%]JPY3,815.0
Toyota Industries lifted 3.0% on robust volume 18 October 2017 10:53 JST in the morning, closing -0.29% lower at JPY6,950.0JPY180.0 [2.66%]JPY6,990.0
EPCO jumped 7.5% on extraordinary volume 18 October 2017 13:07 JST in the afternoon, closing -0.32% lower at JPY3,130.0JPY210.0 [7.19%]JPY3,790.0
Metaps climbed 5.2% 18 October 2017 10:53 JST in the morning, closing -2.14% lower at JPY3,880.0JPY110.0 [2.92%]JPY4,740.0

BSS News Bites alerted Unusual Falls in 4 Stocks through the day:

HeadlineO/all Price Change52-Wk Low
Showa System Engineering tumbled 7.9% 18 October 2017 10:53 JST in the morning, closing -5.49% lower at JPY827.0-12,300.0 sen [-12.95%]JPY389.19
PhoenixBio tumbled 9.8% on extraordinary volume 18 October 2017 10:53 JST in the morning, closing recovered at JPY1,410.0-15,000.0 sen [-9.62%]JPY1,381.0
Daiko Denshi Tsushin tumbled 9.5% on firm volume 18 October 2017 10:53 JST in the morning, closing recovered at JPY1,021.0-9,100.0 sen [-8.18%]JPY138.06
Japan Power Fastening tumbled 6.8% on high volume 18 October 2017 10:53 JST in the morning, closing recovered at JPY239.0JPY3.0 [1.27%]JPY97.11

BSS News Bites alerted 52-week Highs in 54 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk High
Canon hits 52-week high sixth time in one month 18 October 2017 10:53 JST this morning, closing slightly lower at JPY4,035.0JPY4,035.0JPY34.0 [0.85%]JPY4,037.0
Fanuc hits 52-week high tenth time in one month 18 October 2017 10:53 JST this morning, sinking sharply to close at JPY25,080.0JPY25,080.0-13,000.0 sen [-0.52%]JPY25,340.0
Central Japan Railway hits 52-week high seventh time in one month 18 October 2017 10:53 JST this morning, closing markedly lower at JPY20,655.0JPY20,655.0JPY165.0 [0.81%]JPY20,690.0
Kinden hits 52-week high fourth time in three months 18 October 2017 10:53 JST this morning, sinking sharply to close at JPY1,892.0JPY1,892.0JPY58.0 [3.16%]JPY1,927.0
Kagome hits 52-week high third time in one month 18 October 2017 10:53 JST this morning, sinking sharply to close at JPY3,745.0JPY3,745.0-500.0 sen [-0.13%]JPY3,820.0

BSS News Bites alerted 52-week Lows in 3 Stocks through the day:

HeadlineLastO/all Price Change52-Wk Low
Rozetta hits 52-week low sixth time in one month 18 October 2017 13:07 JSTJPY1,299.0-1,500.0 sen [-1.14%]JPY2,293.95
Showa Holdings hits 52-week low third time in one month 18 October 2017 10:53 JST this morning, closing higher at JPY111.0JPY111.0-JPY298.0
Nippon Telephone hits 52-week low third time in two months 18 October 2017 10:53 JST this morning, closing higher at JPY420.0JPY420.0-400.0 sen [-0.94%]JPY524.0

BSS News Bites alerted Consecutive Rises in 56 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Fuji Seiki keeps rising: up 45.7% in 5 days 18 October 2017 10:53 JST, it closed at JPY338.0JPY338.0JPY80.0 [31.01%]16.4
Soshin Electric keeps rising: up 41.2% in 3 days 18 October 2017 10:53 JST, it closed at JPY863.0JPY863.0JPY150.0 [21.04%]15.7
Medrx accelerates rise; now up 36.9% in 2 days 18 October 2017 10:53 JST, it closed at JPY927.0JPY927.0JPY150.0 [19.3%]5.2
Tanaka Chemical up 11.9% in 2 days 18 October 2017 13:07 JST, it closed at JPY2,835.0JPY2,835.0JPY441.0 [18.42%]10.4
Plat'Home keeps rising: up 12.0% in 3 days 18 October 2017 10:53 JST, it closed at JPY3,975.0JPY3,975.0JPY350.0 [9.66%]3

BSS News Bites alerted Consecutive Falls in 66 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
SOFT99 accelerates slide; now down 4.1% in 2 days 18 October 2017 10:53 JST, it closed at JPY1,067.0JPY1,067.0-200.0 sen [-0.19%]3.1
AWA Bank down 2.3% in 2 days 18 October 2017 10:53 JST, it closed at JPY723.0JPY723.0-900.0 sen [-1.23%]0.6
Yonex down 2.2% in 2 days 18 October 2017 10:53 JST, it closed at JPY888.0JPY888.0-1,300.0 sen [-1.44%]0.7
Mitani Sekisan down 3.0% in 2 days 18 October 2017 10:53 JST, it closed at JPY2,645.0JPY2,645.0-4,600.0 sen [-1.71%]0.6
Renesas Electronics down 2.8% in 2 days 18 October 2017 10:53 JST, it closed at JPY1,264.0JPY1,264.0-3,100.0 sen [-2.39%]1

BSS News Bites alerted Significant uptrend in 11 Stocks through the morning, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Grace Technology continued its significant uptrend; increased 1.8% 18 October 2017 10:53 JST this morning and closed higher at JPY6,200.0JPY6,200.0JPY210.0 [3.51%]0.5
Mr Max continued its significant uptrend; increased 1.0% 18 October 2017 10:53 JST this morning and closed higher at JPY683.0JPY683.0JPY9.0 [1.34%]3
CyberStep continued its significant uptrend; increased 0.3% 18 October 2017 10:53 JST this morning but closed lower at JPY2,876.0JPY2,876.0JPY2.0 [0.07%]0.3
TSI Holdings continued its significant uptrend; increased 1.2% 18 October 2017 10:53 JST this morning but closed lower at JPY973.0JPY973.0JPY8.0 [0.83%]0.7
Ferrotec continued its significant uptrend; increased 0.5% 18 October 2017 10:53 JST this morning but closed lower at JPY2,186.0JPY2,186.0-400.0 sen [-0.18%]2.1

BSS News Bites alerted Significant downtrend in 24 Stocks in the afternoon, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Industrial and Infrastructure Fund Investment continued its significant downtrend; decreased 0.9% 18 October 2017 10:53 JST this morning but closed higher at JPY461,500.0JPY461,500.0JPY2,000.0 [0.44%]1.5
DesignOne Japan continued its significant downtrend; decreased 0.9% 18 October 2017 10:53 JST this morning but closed higher at JPY1,267.0JPY1,267.0-200.0 sen [-0.16%]0.7
Toyo Denki Seizo KK continued its significant downtrend; decreased 0.9% 18 October 2017 10:53 JST this morning but closed higher at JPY2,011.0JPY2,011.0-600.0 sen [-0.3%]4.1
Global Food Creators continued its significant downtrend; decreased 0.8% 18 October 2017 10:53 JST this morning but closed higher at JPY1,386.0JPY1,386.0-700.0 sen [-0.5%]2.7
Iwaki & Co. continued its significant downtrend; decreased 2.0% 18 October 2017 10:53 JST this morning but closed higher at JPY453.0JPY453.0-800.0 sen [-1.74%]2.4

BSS News Bites alerted that 50 Stocks outperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Toei Reefer Line increased 1.7% - outperforming 96% of stocks 18 October 2017 10:53 JST, it closed at JPY471.0JPY471.0JPY7.0 [1.51%]2.2
Computer Institute of Japan increased 1.4% - outperforming 87% of stocks 18 October 2017 10:53 JST, it closed at JPY691.0JPY691.0-100.0 sen [-0.14%]1.5
Sunautas increased 1.2% - outperforming 89% of stocks 18 October 2017 10:53 JST, it closed at JPY342.0JPY342.0-300.0 sen [-0.87%]0.2
OSG increased 0.9% - outperforming 84% of stocks 18 October 2017 10:53 JST, it closed at JPY954.0JPY954.0JPY5.0 [0.53%]1.1
Yasuda Logistics lifted 3.3% - outperforming 97% of stocks 18 October 2017 10:53 JST, it closed at JPY963.0JPY963.0JPY23.0 [2.45%]2.6

BSS News Bites alerted that 49 Stocks underperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
KOA dropped 2.0% - underperforming 98% of stocks 18 October 2017 10:53 JST, it closed at JPY2,097.0JPY2,097.0-6,300.0 sen [-2.92%]2.9
Nitori Holdings decreased 0.7% - underperforming 90% of stocks 18 October 2017 10:53 JST, it closed at JPY16,400.0JPY16,400.0-12,000.0 sen [-0.73%]0.9
Yamashin-Filter dropped 2.3% - underperforming 92% of stocks 18 October 2017 10:53 JST, it closed at JPY3,625.0JPY3,625.0-10,000.0 sen [-2.68%]0.4
Abist decreased 1.8% - underperforming 96% of stocks 18 October 2017 10:53 JST, it closed at JPY4,320.0JPY4,320.0-11,000.0 sen [-2.48%]0.5
Mitsui O.S.K. Lines decreased 1.9% - underperforming 90% of stocks 18 October 2017 10:53 JST, it closed at JPY3,345.0JPY3,345.0-6,500.0 sen [-1.91%]1.3