Shares of Japanese stocks are trading lower following the Bank of Japan's recent rate hike.
Portfolio Pulse from Benzinga Newsdesk
Shares of Japanese stocks are trading lower following the Bank of Japan's recent rate hike.

August 02, 2024 | 5:09 pm
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NEGATIVE IMPACT
Honda Motor Co. (HMC) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Honda Motor Co. (HMC).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Mizuho Financial Group (MFG) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Mizuho Financial Group (MFG).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Mitsubishi UFJ Financial Group (MUFG) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Mitsubishi UFJ Financial Group (MUFG).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Sumitomo Mitsui Financial Group (SMFG) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Sumitomo Mitsui Financial Group (SMFG).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Sony Corporation (SONY) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Sony Corporation (SONY).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Toyota Motor Corporation (TM) shares are likely to be impacted negatively due to the Bank of Japan's rate hike, which has led to a decline in Japanese stocks.
The rate hike by the Bank of Japan has led to a general decline in Japanese stocks, which includes Toyota Motor Corporation (TM).
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80