Q2 2020 Japan Exchange Group Inc Earnings Call Transcript
Good morning, ladies and gentlemen. I'd like to thank you for taking time out of your busy schedules to attend today. Without further ado, I'd like to speak about the first half earnings for JPX.
First, on Page 4, the cash equities market trends are shown here. First half market trends, I would like to look back on very -- in a very broad-brush manner. What is surrounded in red lines is the first half cash equities average daily trading value. The blue dotted line -- what is surrounded in the blue dotted line is the previous year's first half cash equities average daily trading value.
Now if we are to break this down, the numbers for each of the markets are shown here. In a nutshell, year-on-year -- on a year-on-year basis, this term was minus 13% or so. And I'm sure you're well aware that stock prices were not bad, but the liquidity or the value has declined considerably. And as a result, the trading value has declined, and that is the actual situation.
In
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
