The stock of a company that announced a TOB with a 51% premium hit its daily price limit, making it the top gainer on the TSE Prime Market. An overview of Japan’s domestic stock market on 9 September.
On 9 September, a stock whose company announced a TOB with a 51% premium hit its daily price limit. The report covered movements in individual stocks on the TSE Prime Market and the Nikkei 225. It also mentioned the intraday gainers and decliners ranking and stocks that made significant contributions.
The Nikkei 225 came under buying pressure in the morning but turned lower in the afternoon session amid higher oil prices and expectations of a Bank of Japan rate hike, ending trading at 65,142.78 yen, down 126.55 yen from the previous day. The report said that 113 stocks rose, 110 fell and 2 were unchanged.
Trading volume on the TSE Prime Market was approximately 2.3 billion shares, while trading value was approximately ¥9.230319 trillion, both up. Albis was the top gainer, followed by Furukawa Electric and Sumitomo Bakelite. Kyowa Kirin, Appier Group and MonotaRO were among the top decliners.