Diverse Reactions in JAKOTA Markets: Nikkei Slightly Down, KOSPI and TWSE Surge, JAKOTA Indices on the Rise
Japan (Nikkei 225 Index – NIK): Japanese shares experienced a marginal decline, dropping by 0.1% to close at 33,408.39.
South Korea (KOSPI Composite Index – 180721): The KOSPI displayed strong growth, gaining 1.0% to reach 2,521.76.
Taiwan (TWSE Index): The TWSE demonstrated significant gains, closing at 17,341.25 with an increase of 1.19%.
JAKOTA Blue Chip 150 Index saw a positive increase, closing at 115.49 USD with a gain of 0.27%. Major blue-chip stocks exhibited a slight uptick, contributing to the index’s positive movement.
JAKOTA Mid and Small Cap 2000 Index experienced a notable increase, settling at 110.50 USD with a gain of 0.66%. The movements suggested growing confidence in mid and small-cap stocks in the regional market.
Top Gainers:
- SAKURA Internet (3778.TSE) surged significantly by 24.78%, closing at 10.14 USD. The stock’s notable gains were primarily driven by the recent selection of Sakura Internet as the official cloud provider for the Japanese government.
- Perfect (PERF) recorded a notable gain of 22.40%, reaching 3.06 USD. Perfect Corp. announced yesterday Commencement of Self Tender Offer to purchase up to 16,129,032 Class A ordinary shares for an aggregate purchase price of up to $50,000,000.
- SillaJen (215600.KQ) showed strength with a gain of 22.19%, closing at 5.26 USD. The company continues its tremendous growth after positive trial results announcement for a second consecutive day.
- Rainbow Robotics (277810.KQ) exhibited robust growth, recording a gain of 17.61% to close at 140.14 USD. The positive momentum was influenced by strong performance indicators and market optimism.
- Taisho Pharmaceutical (4581.TSE) witnessed a gain of 15.08%, reaching 51.03 USD. The stock’s positive movement was supported by the company’s strategic initiatives and improved market conditions. On Friday, 24th November, announcement of Implementation of MBO and Recommendation for Tender Offer was published.
Top Losers:
- YUKE’S (4334.TSE) faced a significant decline of 19.75%, closing at 4.16 USD and declining for a second consecutive day after the “DC Dual Force” defect response status report was released on Friday.
- Sharp (6753.TSE) witnessed a loss of 9.64%, closing at 6.37 USD.
- Chips & Media (094360.KQ) recorded a loss of 7.29%, closing at 22.91 USD. The stock’s decline was influenced by challenges in the technology sector and changes in market conditions.
- TOWA (6315.TSE) faced a loss of 6.19%, closing at 43.22 USD. The stock’s negative movement was influenced by specific market conditions and external factors.
- Gogoro (GGR) experienced a decline of 5.84%, closing at 2.50 USD.
