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Maruti Suzuki India's Business Outlook Appears Mixed -- Market Talk
Express News | [Change Report] Mitsui Sumitomo Trust Bank reported a decrease in its shareholding of Suzuki (7269.JP) to 6.1%.
Edion, Sojitz ETC.
<2730> Edion Corporation's Shareholding ratio of stocks held by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd is 1.71% → 0.03%. Reporting obligation date is 2025/04/14. <2768> Sojitz Corporation's Shareholding ratio of stocks held by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd is 1.77% → 0.08%. Reporting obligation date is 2025/04/14. <4116> Daikin Industries, Ltd's Shareholding ratio of stocks held by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Spot information on individual stocks (2)
Ajuban H <4929.T> experienced a sharp drop. For the fiscal year ending March 2026, a decrease in ordinary profits is expected. Suzuki <7269.T> fell significantly. The 21st is the delivery date for the offering, and since the stock price on the 18th was significantly above the offering price, selling pressure prevailed. ☆ The above article contains unverified information. Provided by Wealth Advisor Company.
The Nikkei average is down about 360 yen, with the top declining stocks including Sumitomo Pharma, Suzuki, J. Front ETC.
On the 21st, around 11 AM, the Nikkei average stock price fluctuated around 34,370 yen, down approximately 360 yen from the previous weekend. At 10:08 AM, it hit a low of 34,297.76 yen, down 432.52 yen. Due to the continuation of the upward trend until the previous weekend, selling pressure emerged from the morning. With the exchange rate shifting towards yen appreciation, there has been a soft price movement. Among the stocks included in the Nikkei average, notable decliners include Sumitomo Pharma <4506.T>, Suzuki <7269.T>, and J. Front <3086>.
Suzuki ranks in as the stock delivery date arrives.
Suzuki <7269> has made the ranking (as of 10:30). It fell significantly after being unchanged compared to the previous day for six trading days. Today is the settlement date for the shares being offered. The number of shares offered is 95.7 million, with an additional 14.35 million shares offered due to an over-allotment, with the offering price set at 1,492 yen. Recently, there has been a rebound movement from the low on April 9, and as movements to anticipate future supply-demand improvements had already begun, a short-term deterioration in supply and demand has become evident. Today, due to the appreciation of the yen, self.
PAUL BIN ANTHONY : Paul bin Anthony