5 Japan stocks rally on Berkshire's blessing, despite a broader trading slump in Asia
Shares of five Japanese trading houses were on a tear after Buffett wrote in Berkshire Hathaway's annual shareholder letter on Saturday that it would increase its investment in the companies. Berkshire first started buying shares in five Japanese trading house giants — Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo — in July 2019.
These Stocks Are Rallying After Buffett Says Berkshire May Raise Stakes
Shares in five big Japanese trading houses jumped after Warren Buffett said Berkshire Hathaway’s stakes in them would likely increase. Mitsubishi stock rose 8.8% in Tokyo. Shares of
Buffett says Berkshire will continue to increase investment in Japan trading houses
"Over time, you will likely see Berkshire's ownership of all five increase somewhat," Buffett said in his annual letter to shareholders. The Japanese names in Berkshire's portfolio are Itochu, Marubeni,
Buffett’s Bet Sparks Surge in Japan Trading House Shares
Japanese trading houses, including Mitsubishi Corp. and Marubeni Corp., rallied on Tuesday after Berkshire Hathaway Inc.’s plans to increase holdings were seen a stamp of approval for the sector.
Mitsubishi, Marubeni, and others surge as Berkshire Hathaway plans to raise stakes in Japanese trading houses
Shares of Japan’s top trading houses soared on Tuesday after Warren Buffett’s Berkshire Hathaway Inc. signaled plans to moderately raise its holdings in the sector. The announcement was widely seen as a vote of confidence in companies like Mitsubishi Corp.
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Are You Looking for a Top Momentum Pick? Why Sumitomo Mitsui (SMFG) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell ...
Savant Capital LLC Buys 8,778 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)
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Sumitomo Mitsui Financial is poised for growth with an improving NIM, a 10% profit boost by FY 2026. Click here to read why ...
Chevy Chase Trust Holdings LLC Sells 2,736 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)
Chevy Chase Trust Holdings LLC cut its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG – Free Report) by 7.6% in ...
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Is Sumitomo Mitsui Financial Group, Inc. (SMFG) the Best Japanese Stock to Buy in 2025?
In this article, we are going to take a look at where Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) stands against the other Japanese stocks. As the dangers of natural disasters increase and ...
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Sumitomo Mitsui Financial Group Inc 8316
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
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Fund Update: SUMITOMO MITSUI FINANCIAL GROUP, INC. Just Disclosed New Holdings
SUMITOMO MITSUI FINANCIAL GROUP, INC. just filed a portfolio update, which we received from a 13F disclosure. This disclosure reflects the funds' holdings for the 12-31-2024 report period.
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Why Has Sumitomo Mitsui DS Asset Management Increased Its Holdings in Hess?
Highlights,Sumitomo Mitsui DS Asset Management increased its holdings in Hess Co., (NYSE:HES),by over 10% in the fourth ...