These Stocks Are Rallying After Buffett Says Berkshire May Raise Stakes -- WSJ

WSJ06:35 ET

Buffett Plans to Boost Berkshire Hathaway's Holdings in Japan's Largest Trading Houses

MT Newswires06:23 ET

The Nikkei average fell sharply by 539 points, showing unstable price movements influenced by currency exchange, as of the afternoon session on the 25th.

On the 25th, the Nikkei Average dropped significantly by 539 yen and 15 sen to 38,237 yen and 79 sen compared to the previous week's close. The TOPIX (Tokyo Stock Price Index) also fell by 11.83 points to finish at 2,724.70 points. The Nikkei Average reached 38,131 yen and 79 sen, down by 645 yen and 15 sen, at 9:20 AM. In the U.S. stock market on the 24th, the Nasdaq Composite Index declined for the third consecutive day, and semiconductor-related stocks, which have a high influence on the Nikkei Average, were affected by the SOX (Philadelphia Semiconductor Index).

Kabushiki Shimbun01:54 ET

JP Movers | Mitsubishi Rose 8.76%, Leading Nikkei 225 Components, Disco Topped Turnover List

Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Mitsubishi(8058.JP) being the top gainer today, rising 8.76% to close at 2589.0 yen. In addition, the top loser was Hitachi(6501.JP)，falling 8.49% to end at 3837.0 yen.

Moomoo News01:50 ET

Buffett expressed intentions to increase Shareholding, leading to a collective surge in Japanese trading companies.

Mitsubishi Corporation saw the largest increase, rising by 8.7% at one point, followed closely by Marubeni Corporation, while Mitsui & Co., Itochu Corporation, and Sumitomo Corporation all performed strongly. Previously, Buffett stated that he plans to Hold shares in these five major trading companies for decades and promised to support their Board of Directors.

wallstreetcn00:56 ET

Stocks that moved or were traded in the first half of the session.

*Mitsubishi Corporation <8058> 2594.5 +214 Expectations of increased purchases by Mr. Buffett lead major trading companies to buy first. *Marubeni Corporation <8002> 2468 +178.5 Mr. Buffett's letter to investors is regarded as material. *Itochu Corporation <8001> 6550 +409 Major general trading companies show Mr. Buffett's willingness to increase purchases. *Sumitomo Corporation <8053> 3440 +196 Following hints of Mr. Buffett raising his shareholding limit. *Nexela Pharma <4565> 887 +

Fisco Japan23:27 ET