Selective stock picking based on close scrutiny of earnings is likely to intensify in Japan's domestic equity market. Market attention is expected to turn toward carefully selecting stocks following earnings announcements.
In Japan's domestic equity market, stock selection based on careful examination of earnings is likely to intensify. Earnings announcements are expected to broaden a phase in which investors focus on the certainty of performance and growth potential.
Among the trends across the TSE's 33 sectors, 22 are rising and 11 are falling, indicating a relative divergence in strength and weakness and highlighting differences in performance between sectors.
Market focus is likely to center on each company's earnings as a basis for stock selection, with revisions to full-year outlooks and announcements of dividend policies among the factors that may become focal points for trading.