Mixed Outcomes in JAKOTA Markets: Nikkei and KOSPI Decline, TWSE and JAKOTA Indices Show Slight Gains
Japan (Nikkei 225 Index – NIK): Japanese shares experienced a moderate decline, falling by 0.2% to close at 33,431.51. The market’s negative movement reflected specific factors influencing key sectors and contributed to cautious investor sentiment.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed a significant decline, dropping by 1.2% to 2,505.01. South Korean stocks faced challenges, influenced by sector-specific dynamics and overall market conditions.
Taiwan (TWSE Index): The TWSE demonstrated a marginal gain, closing at 17,438.35 with an increase of 0.03%. Sector-specific factors contributed to the slight upward trend in Taiwan’s stock market.
JAKOTA Blue Chip 150 Index saw a modest increase, closing at 116.05 USD, indicating positive movements in major blue-chip stocks. Specific market factors influenced the uptick.
JAKOTA Mid and Small Cap 2000 Index remained stable, settling at 162.99 USD with a marginal gain of 0.03%. The movements suggested a balanced outlook for mid and small-cap stocks in the regional market.
Top Gainers:
- WonderPlanet (4199.TSE) surged impressively by 27.84%, closing at 9.11 USD.
- EOFLOW (294090.KQ) recorded a substantial gain of 15.18%, reaching 7.18 USD. The stock benefited from positive industry trends and improved market conditions.
- Seegene (096530.KQ) showed strength with a gain of 12.55%, closing at 17.93 USD. The company’s positive market moves were influenced by recent developments and increased investor confidence.
- Wemade (112040.KQ) exhibited robust growth, recording a gain of 11.69% to close at 44.56 USD. The positive momentum reflected strong performance indicators and market optimism after recent news.
- JLK (322510.KQ) demonstrated growth, closing at 19.45 USD with a gain of 10.04%. The positive movement was influenced by sector-specific factors and favorable market conditions.
Top Losers:
- VT (018290.KQ) faced a significant decline of 12.38%, closing at 11.80 USD. Specific market factors and industry dynamics influenced the stock’s performance.
- Intops (049070.KQ) witnessed a loss of 8.42%, closing at 19.97 USD. The stock’s performance was affected by specific market conditions and external factors.
- SAKURA Internet (3778.TSE) faced a moderate decline of 8.30%, closing at 11.13 USD.
- CUC (9158.TSE) recorded a decline of 8.25%, closing at 15.36 USD.
- GNI Group (2160.TSE) witnessed a decline of 8.18%, closing at 21.03 USD. The stock’s performance was affected by specific market conditions and external factors.