PJSC Gazprom Adr. (OGZPY)

[mick]

EWJ’s top stocks/ 'Gazprom Oao (OGZPY)'
In the first part of this series, we saw that the iShares MSCI Japan ETF (EWJ) rose 2.5% yesterday after the Federal Reserve’s announcement of an interest rate hike. Similarly, the WisdomTree Japan Hedged Equity ETF (DXJ) rose 2.9%. Now let’s move on to analyze the performances of various stocks that provided a boost for EWJ.

http://finance.yahoo.com/news/ntt-docomo-rises-6-5-161821290.html

Among the various industries in EWJ, the telecommunications industry provided the highest return of 4.5% in yesterday’s trade. NTT Docomo (DCM), KDDI Corporation, Nippon Telegraph and Telephone Corporation (NTT), and SoftBank Group (SFTBY) rose 6.5%, 5.1%, 4.3%, and 2.1%, respectively.

Factors that drove the performance of NTT Docomo
On December 15, 2015, a Japanese government panel released recommendations on mobile rates, saying service providers should consider introducing pricing plans that benefit long-term users.
Japanese Prime Minister Shinzo Abe announced that mobile phone rates should be reduced.
Japanese mobile carriers are now considering cheaper plans.
This news drove the performance of all telecommunication stocks. The above graph compares the performance of NTT Docomo with that of its peer SoftBank Group since November 2015.

NTT Docomo’s returns
DCM is currently trading at 2,475 yen. Its 52-week high is 2,873 yen, and 52-week low is 1,731 yen. Its current PE (price-to-earnings) ratio is 19.7x, and its PBV (price-to-book value) ratio is 1.7x.

The stock’s YTD (year-to-date) return is 40%, and its quarter-to-date return is 24%. DCM is trading 3%, 6%, and 4% above its 100-day, 50-day, and 20-day moving averages, respectively. Analysts estimate NTT Docomo will rise 13% over the next 12 months.

Browse this series on Market Realist:

Part 1 - It’s Here: the Much-Awaited Federal Funds Rate Liftoff!
Part 2 - Investors Welcome the Fed’s Decision, FEZ Rises
Part 3 - Daimler Leads FEZ with a Rise of 3.3%

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