Here is how Itochu Corp. (ITOCY) and Mitchells & Butlers Plc (MBPFF) have performed compared to their sector so far this year.
Japan's Nikkei share average ended higher on Thursday, as investors scooped up stocks following a heavy profit-booking sell-off earlier this week as the new financial year started. The Nikkei rose 0.81% to close at 39,773.14, after rising as much as 2% to cross 40,000. "Investors scooped up stocks on dips as a series of sell-offs related to profit-booking is over," said Naoki Fujiwara, senior fund manager at Shinkin Asset Management.
Japan's Nikkei share average rose sharply on Thursday, as investors scooped up stocks, following a heavy sell-off to book profits earlier this week as the new financial year started. The Nikkei rose as much as 2%, before ending the morning session up 1.65% at 40,101.82. "Investors scooped up stocks on dips as a series of sell-off related to profit-booking is over," said Naoki Fujiwara, senior fund manager at Shinkin Asset Management.