Stimulus Package Helps Daiwa's Stock Price

Posted by Jim Ivanoff
May 12th, 2009

DaiwaHouse Despite the fact that Daiwa House is expected to announce that operating profits for fiscal 2008 fell 40%, the company's stock price surprisingly rose yesterday. Market commentators suspect that positive sentiment stemming from the prospect of the government's stimulus package increasing housing demand in the current year helped lift Daiwa's stock.

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