September 24, 2017 – By Clifton Ray
Shares of Internetworking & Broadband Cnslt co ltd (TYO:3920) last traded at 911, representing a move of -2.04%, or -19 per share, on volume of 21,100 shares. After opening the trading day at 930, shares of Internetworking & Broadband Cnslt co ltd traded in a close range. Internetworking & Broadband Cnslt co ltd currently has a total float of 5.53M shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 777 and high of 9300000.
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. Internetworking & Broadband Cnslt co ltd 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. Internetworking & Broadband Cnslt co ltd 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 Internetworking & Broadband Cnslt co ltd. Internetworking and Broadband Consulting Co., Ltd.
is a Japan firm principally engaged in the network system monitoring related business. The company has market cap of $5.04 billion. The Firm is engaged in the development and sales of its own products System Answer Series and the provision of various solutions for issues related to information and communications technology . It has a 53.77 P/E ratio. The Firm mainly provides services related to current assessment, performance monitoring and operational support.
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Little over 4 in 10 Irish consumers (44%) are happy with their home broadband speeds, according to new research released today by Switcher.ie.
The research indicates that many consumers are in the dark over whether they are getting the speeds they are actually paying for. Despite the Government making a concerted effort through the National Broadband Plan to get Ireland up-to-speed, a third of broadband customers (34%) still say they have speeds of less than or equal to 30Mbps – the minimum target set out in the plan. In fact, one in 10 (8%) claim to have speeds of less than 3Mbps, which is not even fast enough to watch Netflix in SD, while a further 8% claim to have speeds of 7 or 8Mbps, meaning it would take well over an hour to download a HD movie. One in three people (33%) have checked their speeds and are sometimes or always getting lower speeds than they pay for. A huge three in five broadband customers (59%) have never tested their home broadband speed, and four in ten (39%) don’t even know what broadband speed they signed up to.
Little over four in ten consumers (44%) are happy with their home broadband speed, down from 51% last year, while the average speed people say they’ve got has dropped from 82Mbps to 68Mbps.
Commenting on the research, Managing Director of Switcher.ie, Eoin Clarke said, “Despite all of the talk about addressing the issue of sluggish broadband across the country, Irish broadband is still stuck in the slow lane.
In an increasingly digital world, broadband is now considered a household essential, alongside energy, so it’s very disappointing to see a drop in the average speed people say they’ve got in the home, and a corresponding decline in customer satisfaction.”