Online Trading
The appreciation of the yen dampened investor confidence, potentially diminishing the earnings trajectory of Japanese firms reliant on exports. Remarks from US Treasury Secretary Scott Bessent, cautioning against anticipating additional yen depreciation, further fueled anticipations of prospective currency intervention by Japanese regulators.
Escalating geopolitical tensions in the Middle East and a concurrent rise in crude oil prices are fueling anxieties regarding inflation and bolstering anticipations of additional interest rate adjustments. Increased rates and a firmer yen present potential headwinds for Japanese equities.
Nintendo's shares experienced a 4% decline, Advantest's stock decreased by 2.8%, Fast Retailing's valuation fell 2.7%, and Mitsubishi UFJ retreated 1.5% among the prominent downward movers.
*9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
*On an average, loss makers registered net trading loss close to ₹ 50,000.
*Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
*Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
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