Daily BriefsIndustrials

Daily Brief Industrials: Monadelphous, Toyo Construction and more

In today’s briefing:

  • Index Rebalance & ETF Flow Recap: S&P/ASX, China A50, SET50, Bilibili, Leapmotor, Onewo, CALB
  • Toyo Construction (1890 JP) – There’s Nuance in Them Thar Press Releases

Index Rebalance & ETF Flow Recap: S&P/ASX, China A50, SET50, Bilibili, Leapmotor, Onewo, CALB

By Brian Freitas

  • Last week we had the implementation of the first two tranches of the Nikkei 225 (NKY INDEX) rebalance with the third tranche to be implemented at the close on Monday.
  • Thursday saw the NIFTY indices implementation while Friday marked the end of the review period for the December rebalance of the Hang Seng family of indices.
  • There were large inflows to China, Taiwan, Korea and Hong Kong ETFs during the week while there were some outflows from Japan.

Toyo Construction (1890 JP) – There’s Nuance in Them Thar Press Releases

By Travis Lundy

  • On Friday, post-close, there was a flurry of excitement as YFO put out a press release amending the start date of the planned Tender Offer to early November.
  • Not long after, there was another release by Toyo Construction (1890 JP) itself. 
  • You have to read both for what they are. And as they say…. Get your programs here!

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