Japanese stocks advanced as investors picked up shares a day after the benchmark gauges posted their steepest declines this year.
Electronics makers and pharmaceutical companies were the biggest boosts to the Topix index. Some 1,562 stocks on the Topix go ex-dividend on Wednesday, meaning today is the last day for investors to buy shares to receive the next payout. Those companies -- including Sony Corp., Takeda Pharmaceutical Co. and Central Japan Railway Co. -- gained as investors bought shares to gain dividend rights.
Topix +2.3% at 1,612.91 as of midday break in Tokyo. Nikkei 225 +1.8% at 21,362.60.
Source : Bloomberg
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Hong Kong Stocks Drop More Than One Percent (Review)
Wednesday, 26 June 2019 03:58 WIB
Hong Kong shares fell more than one percent Tuesday, hit by concerns over rising Iran-US tensions and as investors await this week's crucial trade talks between Donald Trump and Xi Jinping.
The Hang Seng Index sank 1.15 percent, or 327.02 points,...