JAKOTA Markets Rally: Strong Gains in Japan and South Korea, Modest Increases in Taiwan and JAKOTA Blue Chip
Japan (Nikkei 225 Index – NIK): Japanese shares witnessed a substantial rise, gaining 1.4% to close at 33,675.94. The market’s positive movement reflected improved investor confidence, driven by specific factors influencing key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed resilience, posting a significant gain of 1.8% to reach 2,614.30. Positive sentiments persisted in the South Korean market, driven by sector-specific dynamics and favorable market conditions.
Taiwan (TWSE Index): The TWSE showed a slight increase, closing at 17,635.20 with a rise of 0.33%. Sector-specific factors contributed to the modest upward trend in Taiwan’s stock market.
JAKOTA Blue Chip 150 Index experienced a minor increase, closing at 117.28 USD with a rise of 0.19%. Major blue-chip stocks in the region showed positive momentum, contributing to the index’s upward movement.
JAKOTA Mid and Small Cap 2000 Index saw a slight decline, closing at 112.68 USD with a decrease of 0.03%. The movements suggested a balanced outlook for mid and small-cap stocks in the regional market.
Top Gainers:
- Namura Shipbuilding (7014.TSE) surged impressively by 22.57%, closing at 8.57 USD.
- HMM (011200.KO) recorded a substantial gain of 19.97%, reaching 16.77 USD.
- HWASHIN (010690.KO) showed strength with a gain of 15.44%, closing at 10.30 USD.
- Hanjin Kal (180640.KO) demonstrated growth, closing at 54.49 USD with a gain of 13.66%.
- Aekyung Chemical (161000.KO) exhibited robust growth, recording a gain of 12.14% to close at 12.04 USD.
Top Losers:
- Information Services International-Dentsu (4812.TSE) faced a decline of 6.28%, closing at 37.84 USD.
- Rakuten Bank (5838.TSE) recorded a loss of 6.13%, closing at 13.63 USD.
- PAL GROUP Holdings (2726.TSE) faced a decline of 5.61%, closing at 16.76 USD.
- JustSystems (4686.TSE) witnessed a loss of 5.16%, closing at 20.16 USD.
- CANARIABIO (016790.KQ) recorded a decline of 5.11%, closing at 4.03 USD.
