TSE Marine Transportation Sector Index - Summary | Stock Quote & Key Indicators

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Profile

The TSE Marine Transportation Sector Index is one of the 33 sector indices in the Tokyo Stock Exchange's traditional industry classification system. This index represents companies in the marine transportation industry listed on the Tokyo Stock Exchange. The sector is characterized by a high number of companies that are export-oriented, influenced by international market conditions, and sensitive to economic cycles. It also includes some mid-sized companies focused on domestic demand. Companies in this sector often benefit from lower oil prices, which reduce fuel costs for shipping operations. This sector includes businesses involved in various forms of sea-based transportation, such as cargo shipping, tanker operations, and other maritime logistics services. Due to its strong ties to global trade, the marine transportation sector is often considered a bellwether for economic activity. The performance of companies in this sector can be significantly affected by factors such as global economic growth, international trade volumes, and geopolitical events impacting shipping routes.

TSE Marine Transportation Sector Index Summary