The Japanese stock market showcased significant volatility during mid-day trading on 23rd December. As of 2:27 PM local time, Funpep Company Ltd, Hokushin Co Ltd, and Nippon Denkai Ltd were among the most volatile stocks.
Funpep Company Ltd surges over 35%
Funpep Company Ltd emerged as the top gainer, with its stock price skyrocketing by 35.43% to 172 JPY, making it the most volatile stock in the session. The biotech company’s sharp rise reflects heightened market interest and strong investor confidence.
Hokushin Co Ltd climbs 11.11%
Hokushin Co Ltd also exhibited notable upward movement, with its shares increasing by 11.11% to 110 JPY, driven by strong demand in the construction and materials sector.
Nippon Denkai Ltd drops 26.09%
In stark contrast, Nippon Denkai Ltd faced heavy selling pressure, with its stock plunging by 26.09% to 17 JPY, marking it as the most significant decliner during mid-day trading.
Other notable movements
Land Business Co Ltd rose by 10.53% to 231 JPY, showing positive momentum. Meanwhile, Anshin Guarantor Service Co Ltd declined by 3.92% to 147 JPY, and Wintest Corp dipped by 1.57% to 125 JPY, reflecting mixed sentiment in the market.
Disclaimer: This article is for informational purposes only. Please consult a financial expert for professional advice.