(Bloomberg) -- Japanese stocks may rise for a third
day. Lenders may lead indexes higher after Mizuho Financial
Group Inc. forecast a record profit for this financial year.
Bank shares were among the worst performers in the Topix
index during the past 12 months as concerns mounted they
wouldn't be able to increase profits on loans and their consumer
finance affiliates reported losses. Mizuho, the nation's No. 2
lender by assets, dropped 20 percent in the year to May 18.
Read more at Bloomberg Stocks News
day. Lenders may lead indexes higher after Mizuho Financial
Group Inc. forecast a record profit for this financial year.
Bank shares were among the worst performers in the Topix
index during the past 12 months as concerns mounted they
wouldn't be able to increase profits on loans and their consumer
finance affiliates reported losses. Mizuho, the nation's No. 2
lender by assets, dropped 20 percent in the year to May 18.
Read more at Bloomberg Stocks News
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