Nikkei 225 Opens 0.14% Higher as Kioxia Gains, Dentsu Drops 10%
On August 17, Japanese equities rose, with the Nikkei 225 opening 0.14% higher and climbing as much as 0.5% intraday. Kioxia shares gained nearly 4%, while Dentsu Group fell 10%, the biggest drop since January 14. The Korean market was closed for a holiday. In the previous session on August 14, the Nikkei added 0.59%, touching 69,000 points, and the Kospi advanced 2.41%. US stocks declined that day, though memory shares outperformed: SanDisk rose over 7%, Seagate over 5%, and Western Digital over 4%.
On August 17, Japanese stocks advanced, with the Nikkei 225 opening 0.14% higher and rising as much as 0.5% intraday. Among individual stocks, Kioxia shares gained nearly 4% at one point, while Dentsu Group fell 10%, its steepest decline since January 14.
The Korean stock market was closed for a one-day holiday. In the previous trading session on August 14, both Japanese and Korean equities closed higher, with the Nikkei 225 rising 0.59% and touching 69,000 points, while the Kospi gained 2.41%. On the same day, the three major US indices declined, but memory stocks outperformed: SanDisk surged more than 7%, Seagate Technology more than 5%, and Western Digital more than 4%.