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

67.50

Mkt cap

15B

Volume

5.6M

High

67.56

P/E Ratio

13.67

52-wk high

73.24

Low

67.25

Div yield

0.02

52-wk low

60.62

The Bank of Japan (BOJ) board members are reportedly discussing raising interest rates to 0.25%, according to NHK. This potential rate hike could have significant implications for financial markets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:05 pm

Japan's Ministry of Finance is enlisting major brokerages to market Japanese Government Bonds (JGBs) internationally as the Bank of Japan (BOJ) reduces its bond purchasing program. This move aims to attract foreign investors to JGBs.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 9:01 pm

The article examines the impact of the Summer Olympics on the stock market, highlighting that while the games can cause volatility for companies directly tied to the event, such as Comcast Corp (NASDAQ:CMCSA), the overall market impact is minimal. The SPDR S&P 500 ETF Trust (NYSE:SPY) has shown modest gains during past Olympics. Country-specific ETFs like iShares MSCI Japan Fund (NYSE:EWJ), iShares MSCI Brazil ETF (NYSE:EWZ), and iShares China Large-Cap ETF (NYSE:FXI) have had mixed results. DraftKings Inc (NASDAQ:DKNG) is also mentioned for its odds on medal counts.

Portfolio Pulse from Chris Katje

July 25, 2024 | 10:24 pm

The Japanese Patent Office has approved Inventiva's patent for the use of Lanifibranor in treating cirrhosis, which strengthens its intellectual property for MASH/NASH indications. The patent is valid until November 2039.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:02 pm

Japan Airlines has signed a deal with GE Aerospace for GEnx-1B engines to power its new fleet of 787-9 Dreamliner aircraft, following an agreement with Boeing for up to 20 new planes.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:54 pm

IceCure Medical presented key findings on its ProSense breast cancer treatment at the Japanese Breast Cancer Society meeting, showing high success rates and low recurrence. Terumo Corporation plans to seek regulatory clearance in Japan by Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:33 pm

Japan Airlines has placed an order for up to 20 additional Boeing 787-9 jets, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:05 pm

Japan's National Consumer Price Index (CPI) for June increased by 0.3% month-over-month, compared to a 0.5% rise in the previous month. This indicates a slowdown in inflation growth.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 4:53 am

Japan's trade balance for June was reported at 224.0 billion yen, significantly better than the estimated -240.0 billion yen and the revised prior figure of -1,220.1 billion yen.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:19 am

Japan's exports for June grew by 5.4% year-over-year, falling short of the estimated 6.4% and significantly lower than the 13.5% growth recorded in the previous month.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:18 am

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