Modest Movements in the JAKOTA Equities: Nikkei, KOSPI, and TWSE Show Marginal Decreases
Japan (Nikkei 225 Index – NIK): Japanese shares saw a slight downturn, dropping by 0.2% to 32,568.11. Market movements reflected a blend of factors impacting key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI fell by 0.7% to 2,409.66, signaling a day of cautious trading in South Korean stocks. Specific industries influenced the overall performance.
Taiwan (TWSE Index): The TWSE exhibited a marginal decline, closing at 16,682.67, suggesting a day of subdued market activity. Sector-specific dynamics played a role in the index movement.
JAKOTA Blue Chip 150 Index slightly declined to 110.32 USD, indicating subtle shifts in major blue-chip stocks. Various factors contributed to the nuanced movement.
JAKOTA Mid and Small Cap 2000 Index showed minimal changes, settling at 105.47 USD. Market dynamics for mid and small-cap stocks remained stable.
Top Gainers:
- Namura Shipbuilding (7014.TSE) surged by 18.66%, reaching 6.47 USD after publishing its Q2 Financial Report.
- Adeka (4401.TSE) demonstrated strong performance, gaining 13.59% and closing at 19.19 USD.
- Trend Micro (4704.TSE) posted a gain of 13.57%, closing at 46.63 USD. Recent Earnings Release and Revision of Forecasts of Consolidated Financial Results for the Fiscal Year Ending December 31, 2023.
- MITSUI E&S (7003.TSE) saw an increase of 12.69%, closing at 3.32 USD, reflecting positive sentiment after Consolidated Financial Results were published.
- MODEC (6269.TSE) exhibited a gain of 12.35%, reaching 12.79 USD, after the Financial Results Release.
Top Losers:
- FADU (440110.KQ) experienced a notable decline for a second day in a row, dropping by 21.09% to 14.22 USD. ‘Promising’ fabless Fadu disappoints with financial results’ – that’s what the headlines say.
- Unipres (5949.TSE) faced a decline of 15.00%, closing at 6.51 USD after the Latest Financial Results were published.
- C&C International (352480.KQ) recorded a decline of 13.51%, closing at 36.71 USD. Market dynamics and specific factors contributed to the stock’s downturn.
- Kolmar Korea (161890.KO) saw a loss of 11.63%, closing at 36.27 USD, reflecting challenges in its sector. The company’s Earnings Release added nuances to the day’s trading.
- JGC Holdings (1963.TSE) faced a decline of 11.61%, closing at 11.07 USD, influenced by its Q2 Financial Results.
