JAKOTA Stock Markets Show Diverse Trends: Nikkei Up, KOSPI Grows Modestly, TWSE and JAKOTA Indices Experience Declines
Japan (Nikkei 225 Index – NIK): Japanese shares exhibited resilience, gaining 0.3% to close at 33,451.83. The market’s positive movement suggested investor confidence and specific factors influencing key sectors.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed marginal growth, edging up by 0.1% to reach 2,511.70. The South Korean market saw subdued positive sentiments, influenced by sector-specific dynamics.
Taiwan (TWSE Index): The TWSE faced a decline, closing at 17,310.26 with a decrease of 0.61%. The index’s negative trajectory was influenced by specific market conditions and sector-related challenges.
JAKOTA Blue Chip 150 Index saw a decrease, closing at 115.33 USD with a decline of 0.32%. Major blue-chip stocks experienced a slight downturn, reflecting market dynamics.
JAKOTA Mid and Small Cap 2000 Index exhibited a minor decline, settling at 109.63 USD with a decrease of 0.15%. The movements suggested a subtle shift in dynamics for mid and small-cap stocks in the regional market.
Top Gainers:
- Kolmar Korea Holdings (024720.KO) surged significantly by 14.41%, closing at 5.59 USD. The Board of Directors of Kolmar Korea Holdings Co., Ltd. has authorized a buyback plan on November 22, 2023.
- FADU (440110.KQ) recorded a notable gain of 11.14%, reaching 16.97 USD. The stock benefited from favorable industry conditions and positive investor sentiment.
- S&S Tech (101490.KQ) showed strength with a gain of 9.96%, closing at 38.50 USD. The company’s positive market moves were influenced by recent developments and increased investor confidence.
- Andes Technology (6533.TW) exhibited growth, recording a gain of 9.58% to close at 16.02 USD. The company recently announced, that it partners with WHIS to build RISC-V safety-critical solutions.
- Ability Opto-Electronics Technology (3362.TWO) witnessed a gain of 9.42%, closing at 5.47 USD. The stock’s positive movement was supported by the company’s strategic initiatives and improved market conditions.
Top Losers:
- Sharp (6753.TSE) faced a decline of 7.41%, closing at 7.08 USD.
- EOFLOW (294090.KQ) recorded a loss of 6.95%, closing at 10.46 USD. The stock’s decline was influenced by challenges in the medical technology sector and changes in market conditions.
- VT (018290.KQ) saw a decline of 6.87%, closing at 13.98 USD. The stock’s performance was affected by specific market conditions and external factors.
- Fositek (6805.TWO) faced a loss of 6.29%, closing at 12.83 USD. The stock’s negative movement was influenced by challenges in the technology sector and changes in investor sentiment.
- SOCAR (403550.KO) witnessed a loss of 5.32%, closing at 11.14 USD.
