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Major Japanese brokerages predict ROHM, TAIYO YUDEN, NGK SPARK PLUG to be added in MSCI August review
Global index provider MSCI is scheduled to announce its periodic review in the early morning of August 13, Japan time. Ahead of the announcement, Daiwa Securities released a preliminary forecast on June 2, projecting three potential additions and 10 deletions for Japanese equities. The brokerage identified ROHM COMPANY LIMITED <6963>, TAIYO YUDEN CO., LTD. <6976>, and Niterra Co.,Ltd. <5334> as candidates for inclusion. Conversely, stocks facing potential deletion include SEIBU HOLDINGS INC. <9024>, JFE Holdings,Inc. <5411>, Shiseido Company, Limited <4911>, TOHO CO., LTD. <9602>, DAITO TRUST CONSTRUCTION CO.,LTD. <1878>, Nippon Building Fund Inc. <8951>, Eisai Co., Ltd. <4523>, Hankyu Hanshin Holdings,Inc. <9042>, West Japan Railway Company <9021>, and OTSUKA CORPORATION <4768>. The index changes will take effect at the close on August 31, with passive fund rebalancing expected to impact trading activity.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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