PSA Today Nov 17: Breaching 26k, 29-year high for market / MHI's hydrogen business / SMC's modest H2 guidance – Nikkei +0.42%
Japan Market Comment by Pelham Smithers and William NestukNikkei ¥26,014.62 (+¥107.69 / +0.42%); Topix ¥1,734.66 (+¥2.85/ +0.16%); ¥/$104.52
Tags: Moderna (MRNA US), Pfizer (PFE US), Base Inc (4477 JT), MHI (7011 JT), M3 (2413 JT), Hitachi (6501 JT), Capcom (9697 JT), SMC (6273 JT)
Main Points
• 26,000 breached as frontier tech slumps
• MHI’s hydrogen business attracts attention
• SMC sags on modest H2 guidance
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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