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Ajinomoto Co., Inc. (AJINY) Q2 2024 Earnings Call Transcript Summary
Stocks that moved the previous day part1: Celes, Furukawa Electric, Maiko, etc.
Stock Name Closing Price on the 8th ⇒ Day-over-day comparison Round One <4680> 1093 +91 Operating profit for the first half increased by 24.2%, exceeding the previous estimate of 12.0% increase. Cellos <3696> 2086 +400 Operating profit for the cumulative third quarter increased by 94.2%. The first half was up by 74.1%. Toyowa Industry <6203> 1095 +122 Operating profit for the first half was 3.8 times higher than the same period last year. Cellces <3663> 1356 +120 Operating profit for the cumulative third quarter increased by 73.9%. The first half increased by 51.6%.
Dumplings Industry Analysis and Regional Market Forecasts, 2024-2028 - Global Dumplings Industry to Grow by $4.71 Billion, Dominated by Din Tai Fung, CJ CheilJedang Corp, Ajinomoto Co, General Mills, and Nestle
Ajinomoto Co: Balancing Ambitious Growth With Cautious Hold Rating Amid Market Uncertainties
The Nikkei average rebounds, with attention focusing on earnings stocks after a round of selling and buying.
On the 7th, the US stock market was mixed. The Dow Jones Industrial Average closed at 43,729.34, down 0.59 dollars, while the Nasdaq closed at 19,269.46, up 285.99 points. Buying continued to be favorable following Trump's victory in the presidential election, as well as expectations of a rate cut at the Federal Open Market Committee (FOMC), leading to gains after the opening. The Federal Reserve Board (FRB) decided on the expected rate cut at the FOMC, resulting in a decline in long-term interest rates, pushing Nasdaq higher, reaching record highs daily.
JP Movers | Furukawa Electric Rose 17.37%, Leading Nikkei 225 Components, Kawasaki Heavy Industries Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Furukawa Electric(5801.JP) being the top gainer today, rising 17.37% to close at 4731.0 yen. In addition, the top loser was Taiyo Yuden(6976.JP)，falling 15.97% to end at 2336.5 yen.
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