Axel Mark Inc (3624) Jumped 2.22% on Oct 24

October 24, 2017 - By Migdalia James

Shares of Axel Mark Inc (TYO:3624) last traded at 1428, representing a move of 2.22%, or 31 per share, on volume of 195,500 shares. After opening the trading day at 1395, shares of Axel Mark Inc traded in a close range. Axel Mark Inc currently has a total float of 4.37M shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 900 and high of 2346.

TSE: Lifting Japan Since 1878

Japan is one of the best countries in the world. It is home to the best innovations and a compelling economy as well. Of course, such is the case because of the nation’s rich equity market.

How It Came to Be

The Tokyo Stock Exchange (TSE) was established in 1878, being one of the first stock exchanges in Asia. When the World War II (WWII) broke out, the TSE has consolidated with five other stock exchanges in Japan in 1943, forming a broader TSE. Two years later, the TSE had to close amid the repercussions of the WWII. Nonetheless, in 1949, it was relaunched to build the Japanese economy from the ground up. Japan has never moved backwards since then.

The Nihon Keizai Shimbun or Nikkei 225 or Nikkei Stock Average, which opened on September 7, 1950, is the benchmark index monitoring the 225 best-performing stocks on the TSE. Unlike most indices that are measured based on market capitalization, the Nikkei 225 is a price-weighted index. It tracks the most active stocks on the TSE using the base value of 176.21 and the base date of May 1949, the time when the TSE reopened.

The components of the Nikkei 225 are reviewed annually, particularly every September. Any changes made during the annual review are to reflect in the following month.

In the 1980s, the Nikkei 225 had its most glorious decade. As the government strived to recover in the post-war period, it had used monetary stimuli to drive the economy. Stock prices had tripled in the latter part of the decade. That time, the TSE had made up 60% of the total market capitalization in the world.

On December 29, 1989, the Nikkei 225 had recorded its all-time high of 38,957.44. Upon reaching its peak, however, the TSE had fallen roughly 33% come 1990.

The Nikkei 225 Futures was first introduced on the Singapore Exchange (SGX) in 1986; on the Osaka Securities Exchange (OSE) in 1988; and on the Chicago Mercantile Exchange (CME) in 1990.

Japanese Equity Market Today

When the Global Financial Crisis of 2008 broke out; the Japanese equity market is one of those that had taken a great hit. In October 2008, the Nikkei 225 had sunk below the 7,000 mark, down by about 80% from its all-time high. Axel Mark Inc is a stock traded on the Japan stock exchange.

Nonetheless, the Nikkei 225 was still able to recover. Last year, it had reached a 20,000 mark after Japan was able to recoup from the 2011 earthquake.

Like the Dow Jones Industrial Average (DJIA) in the US, the Nikkei 225 is today’s commonly quoted index in Japan. Weighing 225 blue-chip companies, it is the leading indicators of the present state of the Japanese economy as well as near-term and long-term forecasts. Axel Mark Inc has relatively good liquidity.

The Nikkei 225 is also one of the fastest indices in Asia, boasting with a speed of 15 seconds since January 2010.

Japan is already one of the world’s economy giants and it still continues to grow. This is why investors are making long-term investments in TSE stocks as they bet on the Japanese economy. Professional analysts might be interested how this will affect Axel Mark Inc.

More notable recent Axel Mark Inc (TYO:3624) news were published by: Businessinsider.com which released: “Mark Zuckerberg talks about the future of Facebook, virtual reality and …” on February 28, 2016, also Businessinsider.com with their article: “Billionaire Peter Thiel paints a grim picture of what the internet would look …” published on February 25, 2016, Seekingalpha.com published: “Prudential Financial (PRU) Q1 2017 Results – Earnings Call Transcript” on May 04, 2017. More interesting news about Axel Mark Inc (TYO:3624) were released by: Insurancejournal.com and their article: “Welcome, Jon Axel To The Liberty Team” published on April 03, 2017 as well as Footwearnews.com‘s news article titled: “Nicholas Kirkwood & Axel Arigato’s Albin Johansson Join FN’s Summit Lineup” with publication date: April 25, 2017.

AXEL MARK INC. is a company primarily engaged in the distribution of mobile contents. The company has market cap of $6.24 billion. Along with its subsidiaries, the Company operates in three business divisions. It currently has negative earnings. The Contents segment is involved in the distribution of digital contents, including music, digital books and motion pictures to existing cell phones, as well as digital book applications and English learning applications to smart phones, through mobile phone Websites and platforms.