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Japan's Nomura Q1 net profit jumps on strong domestic stock market

TOKYO (Reuters) -Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Tuesday reported a jump in first-quarter net profit, driven by a strong stock market performance at home. Its April-June profit came in at 23.33 billion yen ($163.42 million) versus 1.696 billion yen a year earlier, when fears of slowing global economic growth sent financial markets into a tailspin and forced investment portfolio writedowns at Nomura. But the profit level is still subdued compared with...
Himani Sarkar Kentaro Okuda Makiko Yamazaki Christopher Cushing Pattern Energy Group Nomura Holdings Inc
Source: yahoo.com

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