Japan Tankan Large Manufacturers Index For Q3 9 Vs. 6 Est.; 5 Prior
Portfolio Pulse from Benzinga Newsdesk
The Tankan Large Manufacturers Index in Japan for Q3 has come in at 9, beating the estimate of 6 and the prior figure of 5. This indicates a more positive outlook among large manufacturers in Japan.
October 02, 2023 | 4:56 am
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POSITIVE IMPACT
The positive Tankan index may boost investor confidence in Japanese equities, potentially benefiting BBJP.
BBJP, an ETF that tracks Japanese equities, could see a positive impact as the better-than-expected Tankan index may boost investor sentiment towards Japanese stocks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The positive Tankan index may boost investor confidence in Japanese equities, potentially benefiting DXJ.
DXJ, an ETF that tracks Japanese equities, could see a positive impact as the better-than-expected Tankan index may boost investor sentiment towards Japanese stocks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The positive Tankan index may boost investor confidence in Japanese equities, potentially benefiting EWJ.
EWJ, an ETF that tracks Japanese equities, could see a positive impact as the better-than-expected Tankan index may boost investor sentiment towards Japanese stocks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70