Daiwa Securities Group reports 7.8% profit increase driven by strong global markets trading.
Daiwa Securities Group announced a 7.8% increase in net income to ¥51.43 billion ($326 million) for the quarter ended September 30, surpassing analyst expectations. The profit growth was primarily fueled by strong global markets trading, with revenue from equity trading rising approximately 9% and fixed income revenue climbing 25%.
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