Jpmorgan Japanese Invest... Share Discussion Threads

[greenpastures] 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.

[haveagoodday] 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.

[a0148009] 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.

[haveagoodday] 26/2/2007 20:13

Nice jump in NAV to 285.2 today.

[greenpastures] 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.

[tiraider] 26/2/2007 11:04

A014...

ADVFN are not much use for the N225. I fould these here

[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.

[a0148009] 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

[tiraider] 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

[scotswhaehae] 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!

[tiraider] 21/2/2007 15:22

It's bouncing around the res at 270. I suggest once the yen finds direction after that rate rise, N225 and JFJ will follow.

£ v Yen

[a0148009] 21/2/2007 07:31

TOKYO (XFN-ASIA) - Share prices closed mixed after the Bank of Japan hiked
its key rate by 25 basis points, with investors waiting to see how offshore
players and the currency markets would react to the latest central bank
decision, dealers said.
During trading hours, the BoJ said its policy board voted to raise the
overnight call rate target to 0.50 pct from 0.25 pct effective immediately,
confident that the economy can sustain its recovery.
The blue-chip Nikkei 225 Stock Average closed down 25.91 points or 0.14 pct
at 17,913.21, after moving in a tight range of 17,850.09 and 17,968.26.
The TOPIX index of all issues listed on the Tokyo Stock Exchange's first
section ended the session up 4.50 points or 0.25 pct at 1,787.23, off a low of
1,779.47 and a high of 1,790.21.
Gainers beat decliners 948 to 615, with 152 issues flat.
Volume rose to 3.06 bln shares from 2.22 bln yesterday.

(1 usd = 120.34 yen)

[tiraider] 20/2/2007 09:16

(Close): Japanese shares closed flat on Tuesday, as investors wait for the Bank of Japan's interest rate decision.
Analysts are mixed over whether the Bank will raise rates at its two day meeting, after recent data showed stronger-than-forecast economic growth.

After Monday's seven-year high, the benchmark Nikkei 225 fell 0.97 points or 0.01% to end at 17,939.12.

Auto firms were among the gainers after Volvo said it would buy Nissan Diesel Motor for $1.1bn.

While Nissan Motor added 0.3% Isuzu Motors climbed 1.1% and Toyota Motor 0.4% higher.

[tiraider] 19/2/2007 15:41

It doesn't seem to know there WAS resistance at 270!!

[a0148009] 19/2/2007 14:05

Discount to NAV 4%,breaking resistance at 270p, could rise to 285p in short term, sterling still overvalued against the Yen IMO, DYOR

AO

[tiraider] 19/2/2007 09:11

(Close): Shares in leading Japanese firms hit their highest level in seven years on reports of a planned merger to create a giant department store chain.
The benchmark Nikkei 225 added 64.44 points or 0.36% to end at 17,940.09 - a record since May 2000.

Weekend reports said Daimuru would tie up with the department store arm of Matsuzakaya, pushing retail shares up, though both denied the rumours.

Daimuru rose 8.6% and Matsuzakaya climbed 10%.

Metal firm Sumitomo Metal Industries also rose, climbing 3.2%

[tiraider] 16/2/2007 11:31

£ v Yen

[tiraider] 16/2/2007 11:24

THE NET ASSET VALUES IN PENCE WITH DEBT VALUED AT PAR AS AT MARKET CLOSE ON 15TH
FEBRUARY 2007 WERE AS FOLLOWS:


JPMORGAN JAPANESE INVESTMENT TRUST PLC: 282.02

That's a big jump in NAV. Nice one JPM

[nerja] 16/2/2007 11:08

Yen appreciation appears to be accelerating, nav in sterling getting currency boost, it may at last be the time to jump into Japan, while it plays catch up.