JAKOTA Market in Full Swing: Nikkei and KOSPI Surge, TWSE and JAKOTA Indices Show Strong Gains
Japan (Nikkei 225 Index – NIK): Japanese shares surged impressively, recording a gain of 2.5% to reach 33,519.70. The market’s dynamic movement suggested a strong response to specific factors influencing key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed substantial growth, rising by 2.2% to 2,486.67. Positive sentiments in South Korean stocks were driven by industry-specific dynamics and favorable market conditions.
Taiwan (TWSE Index): The TWSE continued its positive trajectory, closing at 17,128.78 with a gain of 1.26%. Sector-specific factors contributed to the upbeat trend in Taiwan’s stock market.
JAKOTA Blue Chip 150 Index saw a notable increase, closing at 111.10 USD, indicating positive movements in major blue-chip stocks. Specific market factors influenced the uptick.
JAKOTA Mid and Small Cap 2000 Index experienced a minor uptick, settling at 105.49 USD. The movements suggested stable dynamics for mid and small-cap stocks in the regional market.
Top Gainers:
- Benefit One (2412.TSE) surged impressively by 26.25%, closing at 9.76 USD. The stock’s strong performance was influenced by Q2 Financial Results.
- Soulbrain Holdings (036830.KQ) recorded a substantial gain of 21.35%, reaching 29.34 USD. Quarterly Report influenced the stock performance.
- Pasona Group (2168.TSE) demonstrated strength with a gain of 20.81%, closing at 11.79 USD. Yesterday the company’s Notice Notice Concerning the Execution of Share Tender Agreement was published.
- Tsuruha Holdings (3391.TSE) exhibited robust growth, recording a gain of 19.63% to close at 86.39 USD.
- Idemitsu Kosan (5019.TSE) saw a gain of 18.29%, closing at 27.75 USD.
Top Losers:
- Base (4481.TSE) faced a decline of 12.69%, closing at 26.28 USD. Specific market factors and industry dynamics influenced the stock’s performance.
- BuySell Technologies (7685.TSE) experienced a loss of 12.13%, closing at 18.43 USD. The recent announcement regarding the company’s decision to acquire all shares of Nisso Co., Ltd. may have affected the stock price.
- FuRyu (6238.TSE) recorded a decline of 11.23%, closing at 9.03 USD. Q2 Financial Results and revision of full year earnings forecast were published yesterday.
- TRYT (9164.TSE) faced a loss of 10.12%, closing at 4.37 USD. FY2023 Q3 Financial Results impacted the stock dramatically.
- Sun Corp (6736.TSE) witnessed a decline of 9.42%, closing at 13.40 USD. The company’s performance in Q2 Results influenced the stock price dynamic.
