Nikkei 225 Stock Average: -164.96 (-0.93%) to 17,512.98 (open: 17,577, range: 17,491 – 17,609)
Nikkei 225 futures Osaka: -160 (-0.90%) to 17,550 (open: 17,570, range: 17,500 – 17,620)
TOPIX 1st Section: -18.04 (-1.07%) to 1,712.55 (open: 1,723.73, range: 1,711.30 – 1,725.61); Advancers: 224 vs. Decliners: 1,448 (56 unchanged); Only 4/33 sectors recorded a gain
JASDAQ: -1.04 (-1.28%) to 80.30 (open: 80.99, range: 80.13 – 80.99)
Reuters published an article in Japanese discussing this matter. Hopefully you can read it in its original, or in short, all you need to know is Temasek Holdings, Singapore’s government investment arm, is looking to broaden its investments in Japan. This is positive, obviously, for all stakeholders. The chairman said despite a concentration of holdings in the fund’s portfolio based on sectors, such as finance and telecom, he envisions a broad investing approach without being limited to any particular sectors. No details were provided on the timing of when funds will start to flow or any interest in specific companies.
