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由于霍尔木兹海峡局势紧张,日本央行收紧货币政策,日本股市下跌

-- 周一,日本股市收低,此前市场预期日本央行可能收紧货币政策以支撑日元并抑制通胀,提振了市场情绪。日本经济产业大臣的言论暗示,央行可能加息以应对与伊朗战争相关的物价压力。 美国总统特朗普下令封锁霍尔木兹海峡,加剧了周末伊朗和平谈判破裂后与伊朗的紧张局势。 日经225指数下跌0.74%,或421.34点,收于56,502.77点。 日本经济产业省首席贸易谈判代表赤泽亮生在回应电视节目中提出的日元走强可能有助于缓解原油进口成本上涨的建议时表示,这一政策方向可以作为一种选择,同时需要评估其对整体经济的影响。他还补充说,即使实际利率仍然很低,央行2%的通胀目标仍然有望实现。 企业方面,Renova(东京证券交易所代码:9519)股价上涨5%,此前该公司公布3月份电力销售额超出预期,同比增长显著,且受减产影响有限。 四国银行(东京证券交易所代码:8387)股价上涨6%,此前该公司公布了一项为期三年的计划,旨在通过数字化转型提高利润和资本效率。 Sakura Internet(东京证券交易所代码:3778)股价上涨7%,此前该公司获得一份价值38亿日元的人工智能基础设施订单,预计将提振其盈利。

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Equities

Petro Rabigh Emerges From Loss in Q1; Revenue Grows

Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, said Sunday it swung back to profit in the first quarter of 2026, while revenue increased year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 1.47 billion Saudi riyals, compared with the attributable loss of 691 million riyals earlier. EPS moved to 0.88 riyal from a loss per share of 0.41 riyal.The Tadawul-listed oil refining and petrochemical company's revenue was 14.85 billion riyals, compared with 11.21 billion riyals a year ago.

$SASE:2380
Research

Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $8 to $155, valuing HIG shares at 11.3x our 2026 operating EPS estimate of $13.75 (cut by $0.45) and at 10.6x our 2027 EPS estimate of $14.65 (cut by $0.30), vs. the shares' one-year average forward multiple of 10.3x and peer average of 13x. Q1 EPS of $3.09 vs. $2.20 a year ago missed our $3.60 estimate and $3.39 consensus view. Operating revenue growth of 6.2% was in line with our 6%-10% forecast, amid 5.3% earned premium growth, 13% higher net investment income, and 7.9% fee revenue growth. Q1 written premium growth of 4% and full-year 2025 growth of 7% bode well for 2026 revenue trends as premiums are earned. Underwriting results improved significantly, with Personal Lines combined ratio improving to 87.7% from 106.1% and underlying combined ratio to 85.0% from 89.7%. Business Insurance combined ratio was stable at 94.8%. Weighing the Q1 EPS miss with HIG's decent top-line growth and discounted valuation to peers, we view the shares as undervalued.

$HIG
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Baker Hughes

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $14 to $82, reflecting a combination of our sum-of-the-parts (SOTP) and DCF models. For our SOTP model, we presume the oilfield services business (about 50% of BKR's franchise) to be valued at about 10x projected 2027 EBITDA (in line with major peers) and its industrial energy technology business (the other 50%) valued at 14x projected 2027 EBITDA (in line with the peer median). This blended approach, yielding a 12x multiple, implies a value of $73 per share. Meanwhile, our DCF model, using medium-term free cash flow growth of 5% per year, terminal growth of 2.5%, discounted at a WACC of 6.3%, yields intrinsic value of $91 per share. We cut our 2026 EPS estimate by $0.47 to $2.48, but we raise 2027's by $0.07 to $3.24. We acknowledge that the oilfield services business is likely to struggle in 2026 owing to the U.S.-Iran conflict, but the IET business appears quite robust and likely to be a source of both accelerating revenue growth and margins.

$BKR