Japanese stock alert

JAP

CLOSING UPDATE: Japan Post Bank increases losses by 0.1%, led Bank sector lower 16 January 2018 16:26 JST

NEWS BITES - JAPAN

This is an end of day Alert, produced after today's Japan market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Japan Post Bank, the 3rd largest bank by market capitalisation in the Japan's, has decreased 0.5% to trade at JPY1,531.0 vs. the Bank sector which weakened 18.5 points (or 0.2%) to 11,169.1. Representing a weighting of about 13.5% of the sector, the stock accounted for 36.0% of today's loss. Trading volume was 81% of average at the end of the day. Compared with the Nikkei 225 Index which rose 236.9 points (or 1%) in the day, this represented a relative price change of -1.5%.

Technical indicators complementing today's significant downtrend:

+ The 0.6% discount to 12-month high of JPY1,540.0 against the 18.8% premium to 12-month low of JPY1,289.11 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Return on Equity 2.7% [5.6%]

+ Return on Assets 0.1% [0.3%]

Bearish Signals:

+ As per the Du Pont analysis, Return on Equity is less than stellar at 2.7%. Also, this has deteriorated from 2.8% last year.

Note

Bullish Signals:

The positive 23.41 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

The price increased 1.6% in the last week and lifted 3.2% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price to Book of 0.6 [0.7]

TODAY'S ALERTS

Afternoon Alert: Japan Post Bank decreases 0.5%, leads Bank sector lower

16 January 2018 13:02 JST

Japan Post Bank Co Ltd (TO:7182) has decreased 0.5% to trade at JPY1,530.0 vs. the Bank sector which weakened 29.4 points (or 0.3%) to 11,158.1. Representing a weighting of about 13.5% of the sector, the stock accounted for 26.9% of today's loss. Trading volume was 63% of average so far today.

Morning Alert: Japan Post Bank decreases 0.5%, leads Bank sector lower

16 January 2018 11:01 JST

Japan Post Bank Co Ltd (TO:7182) has decreased 0.5% to trade at JPY1,530.0 vs. the Bank sector which weakened 21.7 points (or 0.2%) to 11,165.9. Representing a weighting of about 13.5% of the sector, the stock accounted for 36.8% of today's loss. Trading volume was 56% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Japan Post Bank hits 52-week high ninth time in one month

15 January 2018 16:28 JST

Japan Post Bank, the 3rd largest bank by market capitalisation in the Japan's, hit a 52-week high of JPY1,540.0 today for the ninth time in the past one month and last traded at JPY1,538.0. Trading volume was 1.2 times average at the end of the day. Compared with the Nikkei 225 Index which rose 61.1 points (or 0.3%) in the day, this represented a relative price increase of 1.2%.

Afternoon Alert: Japan Post Bank hits 52-week high ninth time in one month

15 January 2018 13:02 JST

Japan Post Bank Co Ltd (TO:7182) hit a 52-week high of JPY1,539.0 today for the ninth time in the past one month and last traded at JPY1,535.0.

Japan Post Bank Co Ltd (TO:7182; TYO:7182; T:7182; JP:7182)

ISIN: JP3946750001

PermID: 4297836741

Source: www.BuySellSignals.com