Diverse Market Responses Across JAKOTA: Japan’s Nikkei Rises, South Korea’s KOSPI Drops, Taiwan’s TWSE Inches Upward, JAKOTA Indices Down
Japan (Nikkei 225 Index – NIK): Japanese shares demonstrated a positive trend, with the Nikkei 225 gaining 0.3% to close at 32,926.35. The market’s upward movement suggested improved investor sentiment influenced by specific factors impacting key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed a decline, dropping by 1.0% to 2,510.66. South Korean stocks faced challenges, influenced by sector-specific dynamics and overall market conditions.
Taiwan (TWSE Index): The TWSE showed marginal gains, closing at 17,468.93 with an increase of 0.10%. Sector-specific factors contributed to the slight upward trend in Taiwan’s stock market.
JAKOTA Blue Chip 150 Index experienced a minor decline, closing at 115.85 USD, indicating a decrease of 0.22%. Major blue-chip stocks in the region showed slight weakness, contributing to the index’s modest decrease.
JAKOTA Mid and Small Cap 2000 Index showed a slight decrease, settling at 111.49 USD with a marginal loss of 0.20%. The movements suggested a cautious outlook for mid and small-cap stocks in the regional market.
Top Gainers:
- Korea Circuit (007810.KO) showed impressive growth of 19.34%, closing at 14.77 USD.
- CANARIABIO (016790.KQ) recorded a substantial gain of 18.29%, reaching 4.77 USD.
- NHN BUGS (104200.KQ) exhibited strength with a gain of 12.72%, closing at 3.56 USD.
- Ushio (6925.TSE) demonstrated robust growth, recording a gain of 11.47% to close at 14.77 USD. Ushio shares rose on the news of a tie-up with Applied Materials. The companies announced a strategic partnership to bring the first digital lithography system to market, aiming to enable more powerful computing systems for the AI era.
- Inventec (2356.TW) showed a positive trend with a gain of 10.19%, closing at 1.48 USD. This dynamic was affected by the successful commercialization of Inventec’s self-developed AI chip IP.
Top Losers:
- Hyundai Bioscience (048410.KQ) faced a decline of 13.12%, closing at 18.38 USD. Recent financial release contributed to the stock’s negative performance.
- EOFLOW (294090.KQ) witnessed a loss of 12.92%, closing at 3.16 USD. The stock’s performance was affected by last week’s announcement of a failed merger with Medtronics.
- Shinsung Delta Tech (065350.KQ) recorded a decline of 11.94%, closing at 25.36 USD.
- INFRONEER Holdings (5076.TSE) faced a loss of 11.92%, closing at 9.03 USD. Specific market factors and industry dynamics contributed to the stock’s negative performance. The company announced on Monday its intent to buy Japan Wind Development from Bain Capital for $1.37 bn.
- Jarllytec (3548.TWO) witnessed a decline of 9.73%, closing at 6.27 USD.
