Ibiden Co. Ltd. (4062.JP) increased by 16.39% for the whole day, included in the Nikkei Index
Ibiden Co. Ltd. (4062.JP) today (28th) closed at 12,635 yen, up 16.4% for the day. The Nikkei Newspaper recently announced that it will remove Nidec from the Nikkei Average Index constituents and replace it with Ibiden, expected to take effect on November 5th, due to Nidec being designated as a stock under special attention by the Tokyo Stock Exchange. SMBC Nikko Securities estimates that this will generate approximately 330 billion yen in buying demand, equivalent to 16.3 days of trading volume
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