Softer session for Japanese equities as USDJPY retreats 28 July
- high 20056.16
- low 19926.60
- Topix -0.35% 1621.22
- USDJPY 110.99. Offers/res between 111.20-30. Bids/demand into 110.80 still
In Australia the S&P/ASX200 closed down 1.53% at 5696.60
In Australia the S&P/ASX200 closed down 1.53% at 5696.60
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P&C insurers beat revenue estimates by 2.9%, but stocks fell 6.4%. THG down 2.1%, FAF flat, ORI down 7.7%.
Cybersecurity stocks mixed: CRWD up 11% on strong revenue, VRNS down 8% despite beat, RPD down 39% on weak guidance.
EUFN surges 44% on strong bank earnings, yielding 3.55%. Watch for rate policy risks.
GEV's 160%+ run continues with raised 2028 EBITDA margins to 20%. Buy in thirds.
LESL surged 11.2% on director buys; M beat estimates, up 5.1%. ULCC fell 5.7% on fleet deferrals.
ICF boasts lower fees & U.S. focus; GQRE offers higher yield & global reach, but at a higher cost.
IG Group eyes Wall Street for growth, despite 2025 record revenue & narrowed margins. Valuation shift?
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