In June, the stock market was pushed down in the middle of the month amid the lack of active buyers, but recovered and closed higher at the end of the month.
However, the stock market fell sharply in the middle of the month due to speculation that a certain financial institution, which had suffered heavy losses from its investment in foreign bonds, had conducted an operation to sell passive equity funds to take profits. The stock market then calmed down toward the end of the month and closed slightly higher than at the end of the previous month.
The TOPIX and JPX400 indexes gained 1.40% and 1.63%, respectively, in May, while the CG Top 20 index outperformed significantly both indices up by 2.04%.
The composites of CG Top 20 stocks has been replaced as of July 1.
The CG Top 20 has been revised as of July 1. EBARA CORPORATION (6361), TechnoPro Holdings (6028), ENEOS Holdings (5020), INNOTEC (9880), United Arrows (7606), and Persol Holdings (2181) were newly added to the list, while H.U. Group Holdings (2146), Kao Corporation (4452), Kao (4452), Wacom (6727), K’s Holdings Eisai (8282), and Trend Micro (4704) were removed. (2146), Kao (4452), Wacom (6727), K’s Holdings (8282) Eisai (4523), and Trend Micro (4704) were removed. Details of the component stocks are shown in the table below.
Please see detail in the following link.
http://www.metrical.co.jp/
Please feel free to contact the below email address if any interest or query.
Aki Matsumoto, CFA
Executive Director
Metrical Inc.
akimatsumoto@metrical.co.jp
http://www.metrical.co.jp/jp-home/