News Formal

Massive Losses Set Stage for Big Rebound in Japan’s Bank Stocks

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 16 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Bloomberg News

Interest Rates,Bank Of Japan,Topix Index

(Bloomberg) -- The outsized drop in bank shares during the recent rout in Japanese stocks has the potential to bring an off-the-scale recovery.Most Read from...

-- The outsized drop in bank shares during the recent rout in Japanese stocks has the potential to bring an off-the-scale recovery.Paris Spent €1.4 Billion to Clean Up the Seine. Has It Worked?

As if the message wasn’t clear enough, Ueda even went so far as to say he doesn’t see 0.5% as a particular barrier, prompting investors to brace for a series of further rate increases toward next year. The Topix bank index has a dividend yield of 3.93%, more than one percentage point above the broader Topix.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Set for Losses as Economy, War Fears Deepen(Bloomberg) -- Asian markets are poised for losses on Monday as fears of a deeper economic slowdown unnerve traders also bracing for more volatility from...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Alphabet’s earnings set the stage for tech’s AI questionGoogle announced its second quarter earnings after the bell on Tuesday, but the company still isn't sharing much in terms of when it expects to see major...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »