Streetbeat News

EWJ

iShares MSCI Japan ETF

http://www.ishares.com

Industry

Asset Management

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index is designed to measure the performance of the large- and mid-capitalization segments of the Japanese equity market.

Open

69.40

Mkt cap

16B

Volume

5M

High

69.50

P/E Ratio

14.06

52-wk high

73.24

Low

69.17

Div yield

0.02

52-wk low

59.83

Japan is considering the implementation of regulations on AI developers, aligning with similar actions taken by the U.S. and the EU. This move aims to address concerns related to privacy, security, and ethical standards in AI development and deployment. The potential regulation could impact companies involved in AI technology within these regions, influencing their operational, legal, and compliance strategies.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 4:54 pm

Japan's industrial production for March increased by 3.8%, surpassing the estimated 3.4% and showing a significant improvement from the previous -0.6%. This indicates a stronger industrial activity in Japan, which could have implications for related ETFs and stocks.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 4:40 am

The Bank of Japan intervened in the foreign exchange market to support the weakening yen, causing it to recover significantly against the dollar. This intervention led to a dip in the Nikkei 225 index, negatively impacting Japanese equities, including those tracked by the iShares MSCI Japan Index Fund (EWJ) and affecting companies like Toyota Motor Co. (TM) which benefit from a weaker yen for competitive pricing in international markets.

Portfolio Pulse from Piero Cingari

April 29, 2024 | 3:41 pm

Japan's Tokyo Core Consumer Price Index (CPI) for April increased by 1.6%, lower than the estimated 2.2% and the previous 2.4%. This indicates a slowdown in inflation within Tokyo, which could influence investor sentiment regarding Japanese markets.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:18 am

The Bank of Japan has decided to keep its interest rate unchanged at 0.10%, a move that was widely anticipated by the market. This decision is expected to have implications for Japanese equities and could influence investor sentiment towards Japanese assets.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:17 am

WisdomTree's CIO, Jeremy Schwartz, is bullish on Japan's economy due to a transformative 'new corporate culture' focused on shareholder value maximization. Warren Buffett's endorsement and investment in five Japanese trading companies further highlight Japan's appeal. The WisdomTree Japan Hedged Equity ETF (DXJ) aims to capitalize on this by using currency hedging to mitigate exchange rate volatility, boasting a 47% growth over the past year. Other ETFs like iShares MSCI Japan ETF (EWJ) and JPMorgan BetaBuilders Japan ETF (BBJP) also show positive performance.

Portfolio Pulse from Surbhi Jain

April 24, 2024 | 4:46 pm

The Bank of Japan's Core Consumer Price Index (CPI) year-over-year has been reported at 2.2%, slightly below the prior figure of 2.3%.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 5:14 am

The au Jibun Bank Japan Services Purchasing Managers' Index (PMI) for Japan showed a preliminary reading of 54.6, an increase from the prior 54.1, indicating a stronger expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 4:18 am

Japan's National Consumer Price Index (CPI) for March increased by 0.2%, compared to a 0.0% change in the previous month, indicating a rise in inflation.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:27 am

Japan's National Core Consumer Price Index (CPI) for March increased by 2.6%, slightly below the estimated 2.7% and the previous month's 2.8%. This indicates a slight easing in inflation pressures in Japan.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:27 am

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