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

Nvidia CEO Jensen Huang met with Japan's PM Kishida and discussed the semiconductor industry in Japan. Huang mentioned that the industry will be capable of manufacturing GPUs and that demand is high. He also stated that he would prioritize Japan for AI processors.

Portfolio Pulse from Charles Gross

December 04, 2023 | 10:15 am

Japan's capital spending for Q3 came in at 3.4%, matching the estimate and showing a decrease from the prior 4.5%. This indicates a slowdown in capital investment growth.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 5:27 am

Japan's Industrial Production for October increased by 1%, surpassing the estimated 0.8% and the previous 0.5%. This indicates a stronger than expected performance in Japan's industrial sector.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 5:53 am

The Bank of Japan's Core Consumer Price Index (CPI) rose by 3% year-over-year, which is lower than the estimated 3.4% and equal to the prior figure of 3.4%. This indicates a stabilization in inflation rates, which could impact investor sentiment regarding Japanese markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:21 am

Novo Nordisk is set to launch its obesity drug Wegovy in Japan in February, as reported by Reuters. This expansion into the Japanese market follows the drug's strong demand in existing markets.

Portfolio Pulse from Charles Gross

November 24, 2023 | 9:56 am

The White House has issued a strong condemnation of North Korea's use of ballistic missile technology in the launch of a space launch vehicle, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 5:23 pm

North Korea launched what it claims to be a military spy satellite, detected by South Korea's military and confirmed by Japan. The launch violates UN resolutions and comes after North Korea's previous failed attempts in May and August. South Korea and the US have warned against such actions, and South Korea hinted at suspending a military agreement with the North. The launch was unexpected, as it occurred before the notified window. Experts believe North Korea's satellite capabilities could enhance its military intelligence. South Korea plans to launch its own spy satellite with SpaceX later this month. The US has increased defense cooperation with South Korea and Japan, with the USS Carl Vinson arriving at South Korea's Busan Naval Base.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:20 pm

North Korea has informed Japan of its intention to launch a satellite rocket sometime between November 22 and December 1, according to a report by Reuters citing NHK.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:47 pm

Japan's trade balance for October was reported at -662.5 billion yen, better than the estimated -735.7 billion yen and a decrease from the prior revised figure of 72.1 billion yen.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:24 am

Japan's exports in October rose by 1.6% year-over-year, surpassing the estimated 1.2% increase and showing a slowdown from the previous 4.3% growth.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:23 am

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