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Japan's Nomura Q1 net profit slumps 96.5% on market headwinds

TOKYO (Reuters) - Nomura Holdings (NYSE:NMR) Inc, Japan's biggest brokerage and investment bank, on Wednesday reported a 96.5% drop in first-quarter net profit as financial...
Japan's Nomura Q1 net profit slumps 96.5% on market headwinds © Reuters. FILE PHOTO: A Nomura logo is pictured at the Japanese company's office in the Manhattan borough of New York City, New York, U.S. June 23, 2017. REUTERS/Carlo Allegri/File Photo

TOKYO (Reuters) - Nomura Holdings (NYSE:NMR) Inc, Japan's biggest brokerage and investment bank, on Wednesday reported a 96.5% drop in first-quarter net profit as financial market turbulence battered investment banking and asset management businesses.

April-June profit came in at 1.696 billion yen ($12.73 million) versus 48.5 billion yen a year earlier. The result compared with the 22.59 billion yen average of two analyst estimates compiled by Refinitiv.

($1 = 133.1900 yen)

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11-08-2022 20:45:13 (UTC+7)

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132.04

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0.7128

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 EUR/USD1.0350↑ Buy
 GBP/USD1.2232↑ Buy
 USD/JPY132.04↑ Sell
 AUD/USD0.7128↑ Buy
 USD/CAD1.2747↑ Sell
 EUR/JPY136.63↑ Sell
 EUR/CHF0.9705↑ Sell
 Gold1,812.25↑ Buy
 Silver20.442Buy
 Copper3.6890↑ Buy
 Crude Oil WTI93.33Sell
 Brent Oil98.66Sell
 Natural Gas8.428Sell
 US Coffee C219.93↑ Buy
 Euro Stoxx 503,749.55↑ Sell
 S&P 5004,234.15↑ Buy
 DAX13,689.97↑ Sell
 FTSE 1007,466.00↑ Sell
 Hang Seng20,082.43↑ Buy
 Small Cap 20001,984.85↑ Buy
 IBEX 358,387.75↑ Sell
 BASF43.682↑ Buy
 Bayer51.69↑ Buy
 Allianz179.30↑ Sell
 Adidas172.38↑ Buy
 Lufthansa6.564↑ Sell
 Siemens AG109.57↑ Sell
 Deutsche Bank AG8.910Neutral
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