On 14 August, a strong-earnings stock on the TSE Prime Market was reported to have paid its first dividend, while operating profit for the January–June period rose 67.4% year on year. The stock hit its daily price limit and became the market’s top gainer. Although the Nikkei average traded higher than the previous day, gains stalled toward the afternoon session.
The Nikkei average opened higher on 14 August as concerns over US inflation data eased, although position-adjustment selling at times narrowed the gains. Top contributors included Advantest, SoftBank Group and Kioxia Holdings, and the Nikkei average closed at ¥68,713.80.
Trading volume on the TSE Prime Market increased, with trading value reaching approximately ¥1.03156 trillion. By sector, Other Products, Marine Transportation and Information & Communication rose, while Pharmaceuticals, Securities and Nonferrous Metals declined. Medley was the top individual stock gainer, followed by Life Drink Company and Nexon, helping drive the market among advancing stocks.
The article reports that, among the strong-earnings stocks announced on 14 August, the company paid its first dividend and operating profit for the January–June period rose 67.4%. As a result, the stock hit its daily price limit and became the top gainer on the TSE Prime Market.