Varying Dynamics Across JAKOTA Equities: Nikkei’s Robust Gain, KOSPI’s Steady Performance, TWSE’s Modest Rise, Mixed JAKOTA Index Trends
Japan (Nikkei 225 Index – NIK): Japanese shares surged, gaining 2.0% to close at 33,445.90. The substantial positive movement indicated strong investor confidence, driven by specific factors influencing key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI remained stable, showing no significant change and closing at 2,495.38. South Korean stocks experienced a day of relative stability, influenced by sector-specific dynamics and overall market conditions.
Taiwan (TWSE Index): The TWSE demonstrated a modest gain, closing at 17,360.72 with an increase of 0.19%. Sector-specific factors contributed to the slight upward trend in Taiwan’s stock market.
JAKOTA Blue Chip 150 Index experienced a notable decrease, closing at 115.46 USD, indicating negative movements in major blue-chip stocks. Specific market factors influenced the downtick.
JAKOTA Mid and Small Cap 2000 Index saw a substantial increase, settling at 111.38 USD with a gain of 1.13%. The significant movement suggested positive momentum for mid and small-cap stocks in the regional market.
Top Gainers:
AfreecaTV (067160.KQ) surged impressively by 29.75%, closing at 62.41 USD. Twitch exits Korea, AfreecaTV shares surge after the announcement.
YG Entertainment (122870.KQ) recorded a notable gain of 25.48%, reaching 45.12 USD. Blackpink’s will-they-won’t-they contract renewal dance finally ends on a happy note.
SAKURA Internet (3778.TSE) showed strength with a gain of 12.18%, closing at 14.87 USD.
TOPPAN Holdings (7911.TSE) exhibited robust growth, recording a gain of 11.12% to close at 27.79 USD.
Chunbo (278280.KQ) demonstrated growth, closing at 92.49 USD with a gain of 10.92%. Sector-specific factors and favorable market conditions influenced the positive movement.
Top Losers:
TOMONY Holdings (8600.TSE) faced a significant decline of 16.70%, closing at 2.73 USD. Recent notice of New Stock Issuance and Stock Sale affected the performance.
Hanall Biopharma (009420.KO) witnessed a loss of 7.03%, closing at 25.18 USD.
PharmaEssentia (6446.TWO) recorded a decline of 6.81%, closing at 10.68 USD. The company published the Revenue Report today.
EOFLOW (294090.KQ) faced a decline of 6.63%, closing at 7.83 USD after Medtronic has terminated its $738M acquisition deal for EOFlow due to “multiple breaches” of their definitive agreements.
Tazmo (6266.TSE) witnessed a decline of 6.07%, closing at 22.61 USD.
