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Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Japanese Investment Trust Plc LSE:JFJ London Ordinary Share GB0001740025 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  11.00 1.86% 603.00 602.00 604.00 604.00 600.00 601.00 184,776 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 9.4 5.2 115.7 972

Jpmorgan Japanese Invest... Share Discussion Threads

Showing 276 to 296 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
23/5/2007
12:09
Deutsche Bank's Musha Calls Japanese Stocks `A Major Bargain' By Patrick Rial May 23 (Bloomberg) -- Investors should snap up Japanese shares because they are inexpensive by four different measures, according to Ryoji Musha, chief investment officer at the Japanese brokerage unit of Deutsche Bank AG. ``Right now the Japanese market is a major bargain,'' Musha said, speaking at a conference in Tokyo hosted by Deutsche Bank. ``In terms of stock prices, interest rates, the weak yen and the cost of goods, it's cheap.'' Last week, shares in Japan reached the lowest level in six months relative to the price of U.S. stocks, according to a report released yesterday by JPMorgan Securities Japan Co. Long term interest rates have been on a gradual decline for years, even as central banks such as the U.S. Federal Reserve conducted a two-year drive to tighten credit, Musha said, recalling former Fed chairman Alan Greenspan has called the lack of a market response to monetary policy a ``conundrum.'' While the gap between intended monetary policy effects and actual interest rates would normally be a warning sign for investors, this time it isn't, Musha, 57, said. Rates should remain low as companies continue to earn more money than they spend on investments, relieving pressure on borrowing costs, he said. ``Looking at the excessive savings of corporations worldwide, it seems declining interest rates is a logical trend and one that is sustainable,'' Musha said. The yen has weakened 2.2 percent against the dollar so far this year and has fallen to a record low against the euro 17 times in 2007. A weaker yen makes Japanese shares cheaper for foreign investors and increases the value of companies' dollar- denominated sales when converted back into local currency. Costs Under Control Japanese companies are also benefiting from a lack of inflation that is helping to keep input prices down. Japan's core consumer prices, which exclude fresh food, didn't increase on a year-over-year basis during the first three months of this year. The April figure, which will be released on May 25, is expected to show a 0.1 percent drop, according to economists surveyed by Bloomberg. Musha began covering Japanese stocks as an analyst in Daiwa Securities Co.'s research division in Tokyo in 1973. He was a global strategist at Daiwa's New York branch from 1988 to 1993. He joined the Tokyo unit of Deutsche Bank in January 1997 and was ranked the top Japanese equity strategist by Institutional Investor in 2002. To contact the reporter for
isa23
09/4/2007
14:50
Close): Japanese shares had another strong session, helped by Friday's US jobs figures, which calmed fears about the weakness of the US economy. Sony and other exporters benefited from the rise in the value of the dollar against the yen. The Nikkei index closed 259 points or 1.5% higher at 17743.8. Pentax shares rose more than 9% after Hoya Corp said it would make a tender offer for the manufacturer of cameras and medical equipment.
tiraider
12/3/2007
09:31
Last Updated: Monday, 12 March 2007, 07:16 GMT Japan's growth rate picks up pace Consumers and companies are more optimistic about their future Japan's economy, the world's second largest, has grown more quickly than many experts forecast, underlining its emergence from years of stagnation. The rate of growth was 1.3% in the three months from October to December, up from 1.2% in the previous quarter, Cabinet Office figures showed. On an annual basis growth was 5.5%, the quickest for three years. Japan's economy has turned around as consumers and companies have picked up spending and exports have increased. A separate Cabinet Office report showed that households had become more confident about the outlook for incomes and jobs, with the government's index climbing to 48.4 in February, from 48.1 in January. Price problems But analysts said the latest growth figures were unlikely to prompt another rise in rates as concerns remained that that higher borrowing costs could stall the country's economic recovery. Politicians have asked the Bank of Japan (BOJ) not to rush to raise interest rates for fear that it would stop consumer and company spending in its tracks. Japan has only just increased its main borrowing cost from almost zero to 0.5%, the highest level in a decade. At the same time, many analysts are predicting that February's consumer price figures will show that prices actually dropped last month. "The BOJ won't raise rates for a while if it thinks about prices," said Takeshi Minami of Norinchukin Research Institute. "Though it seemed to place greater emphasis on rectifying ultra-low rates and preventing an asset bubble when it raised rates last month," he added. According to the latest government figures one of the main drivers of growth was a 3.1% increase in the capital spending, up from a 2.2% preliminary estimate. http://news.bbc.co.uk/1/hi/business/6440761.stm
tiraider
09/3/2007
07:37
(Close): The recovery of Japan Nikkei index continued, albeit slowly, with a gain of 73.73 points or 0.43% to close the week at 17,164. Shares were lifted by the weak yen, which boosts the country's exporters, and a strong orders for machinery. The stock of consumer lenders like Credit Saison also recovered from their recent losses. Investors were heartened by the general upswing on global markets, although they were wary ahead of US jobs data.
haveagoodday
05/3/2007
11:54
That's due to some unwinding of the carry trade. Not sure how much unwinding is still likely to happen. Locals tend to invest in overseas bonds for higher yields to fund retirement. How much of the total carry trade is due to foreigners such as hedge funds borrowing in yen, does any one know? It is likely to be latter that are having to buy back yen. What are the effects likely to be on Japanese exporters and world wide interest rates?
greenpastures
05/3/2007
09:18
Yen is in overdrive
tiraider
28/2/2007
13:47
Almost certainly due to rising Yen, NAV up again at 287p
tiraider
28/2/2007
10:24
I think we have a combination effect at work: 1. Chinese Government looking as though it wants to slow growth. 2. Indicators that US growth is lower than hope plus ex-Fed Chairman Greenspan saying that US could be headed for a recession. Both US and China are important markets for Japanese companies.
greenpastures
28/2/2007
07:38
Nikkei down 515. The bottom of the price hannel is 17200. A correction was due, Yen trading at 131.65 v £.
haveagoodday
27/2/2007
18:43
£ v yen now 233
haveagoodday
27/2/2007
07:48
N225 down 95 last night though, it was due a rest! yen up 0.7% at 235.
haveagoodday
26/2/2007
22:44
Thanks guys, so NI225 now highest since March/April 2000. Given no unpleasant events another 5 - 10% could be on the cards with a little interest in coporatate activity in Japanese market beginning to show.
a0148009
26/2/2007
20:13
Nice jump in NAV to 285.2 today.
haveagoodday
26/2/2007
12:48
SG posts technical analysis of Nikkei. To access I go to London Stock Exchange. I then put in a UK stock code. When the price comes up I select covered warrants (CW) from the bar on the left hand side of the web page. Then I click on SG (one of the CW providers) at the bottom of CW page. Put in a code for a Nikkei covered warrant such as SE84. Then when that page comes click on the warrants and hey presto I can access technical analysis. I only occasionally check it. I suppose it is possible to book mark the page. However, I don't always put too much emphasis on what the TA says. On 21 Feb it said the major trend is bullish which agrees with my gut feeling but only a week before it said the Nikkie was evolving towards sub 17,000. Luckily I ignored it and kept invested as it just didn't feel that way to me despite whatever the RSI and Stochastics were indicating.
greenpastures
26/2/2007
11:04
A014... ADVFN are not much use for the N225. I fould these here http://finance.yahoo.com/q/ta?s=%5EN225&t=6m&l=on&z=m&q=c&p=m200,m20,m50,b&a=&c=
tiraider
26/2/2007
10:09
(Close): Japanese stocks closed at fresh seven-year highs, lifted by strong steel and oil stocks. The benchmark Nikkei 225 closed up 26.93 points at 18,215.35 while the Topix rose 0.1% to 1,816.98. Nippon Steel rose 2.4% to 841 yen, close to a 17-year high, on speculation about its future after recent consolidation in the steel sector. "We don't have many negative factors at the moment," said Jun Nishizaki, from Nissay Asset Management.
tiraider
23/2/2007
07:57
HONG KONG (XFN-ASIA) - Stocks across the Asia-Pacific region closed higher, with the Australian and Seoul markets hitting new record highs and Tokyo ending at a seven-year high, dealers said. But the Hong Kong market was lower on fears of a correction in mainland Chinese markets when they reopen Monday after this week's Lunar New Year holiday. Tokyo shares closed firmer on the yen's weakness, bolstered by strong foreign institutional support, dealers said. Market watchers expect the Nikkei 225 to test the 18,500-point level next week, as the Bank of Japan's rate action on Wednesday has put an end to a period of uncertainty and the market will be less dictated by economic indicators due out next week. The Nikkei 225 Stock Average closed at a seven-year high of 18,188.42, up 79.63 points or 0.44 pct, after touching the day's high of 18,239.13. The last time the index closed at its highest level was on May 8, 2000. The Nikkei 225 rose 1.75 pct over the week. The TOPIX index of all first-section issues added 12.06 points or 0.67 pct to a fresh 15-year closing high of 1,814.96, after reaching an intra-day high of 1,817.97. The index climbed 2.28 pct for the week. Mitsushige Akino, chief fund manager at Ichiyoshi Management, said the underlying tone remains steady. "The market remains buoyant even after the Bank of Japan's rate hike Wednesday. The firm undertone was especially helped by the currency market, which saw the yen continuing to be weak," he said, adding that investors are not expecting the BoJ to raise rates again any time soon.
a0148009
22/2/2007
11:27
Hi Guys re NI225 Chart can't find anything on ADVFN which goes back further than August 2005 any ideas as this erases the fluctuations in JFJ discount to NAV and currency and gives a more accurate picture. Thanks AO
a0148009
22/2/2007
09:45
(Close): The Nikkei average rose 1.09% on Thursday to close above 18,000 for the first time in nearly seven years. Exporters such as Canon were strong after the yen fell on the Bank of Japan's comments that further interest rate rises would be gradual. One faller was the steel firm Tokyo Kohtetsu, which fell after shareholders rejected a share swap with Osaka Steel despite it having the board's approval. The Nikkei closed 196 points higher at 18,109, its highest since May 2000.
tiraider
22/2/2007
09:44
Morning Scot, It's looking good again. I Managed to catch most of the '05 rise, was out last year and got back in again just before Christmas. Any chance of putting the N225 and £ v yen charts as above in the header? Will save going backwards and forwards looking for them. Epics are NIK:NI225 and FX:GBPJPY rgds
tiraider
22/2/2007
08:36
I had a great run with this thread when I created it in 2005...and, whisper it, there's another great run coming again soon imo! Good luck all!
scotswhaehae
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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