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Mitsubishi Heavy Industries (7011.JP) Gains 5.46% for the Day as Boeing Earnings Improve
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Mitsubishi Heavy Industries (7011.JP) closed at JPY4,754 today (23rd), up 5.46% for the day. US-based Boeing reported its quarterly results for January to March, with net loss narrowing to USD7 million, a marked improvement from a loss of USD31 million in the same period last year. The loss was also smaller than market expectations. Boeing's share price once surged 6%. During the same period, commercial aircraft deliveries increased 10% YoY, and the company plans to raise its production cap around the summer period.
The market extended the positive impact to Boeing-related supply chain concept stocks, driving a rebound in the company's share price. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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