Japanese Broker Hirose FX Saw Its Stock Price 12 % up Today

Japanese Broker Hirose FX Saw Its Stock Price 12 % up Today

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After Hirose Tusyo Inc (TYO:7185) announced yesterday that the company increased the consolidated full-year outlook for revenue to 6,356 million yen from 6,041 million yen for FY ended March 2016, its stock price increased by 12%.


Japanese forex and binary options broker Hirose Tusyo Inc., which trades as Hirose FX, saw its stock price coming in at JPY 942.00 today at market open, significantly higher than its value on previous day. Yesterday, on 25 April 2016, Hirose’s shares were traded for JPY 841.00 at market close.

In fact, the company`s share prices experience steady growth since it was listed on the Japanese Stock Exchange (JSE) earlier in March, 2016, when its initial offering price was set at JPY 830 per share. Currently Hirose Tusyo Inc`s its total market value amounts to JPY 4.90B.

Other forex brokers listed on the TSE are GMO Click Holdings Inc. (TYO:7177), the leader in terms of retail trading volume, Monex Group, Inc. (TYO:8698), Money Partners Group Co Ltd (TYO:8732), and Invast Securities Co., ltd. (TYO:8709).

Osaka-based Hirose FX was set up in 2004 to offer foreign exchange trading and investment services. In addition to units in Hong Kong and Malaysia, the company has a UK-regulated subsidiary, Hirose Financial UK. It offers pretty good trading conditions: commission-free trading with leverage up to 1:300 and just $20 minimum initial deposit, as well as average spreads as low as 0.8 pips on EUR/USD on its in-house Lion Trader Platform. MT4 is also available.

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