Thursday December 23, 10:39 pm Eastern Time
Hot stocks-Japan: Advantest, Toshiba, Sharp
TOKYO, Dec 24 (Reuters) - The following stocks are on the move on Friday.
(The market was closed on Thursday for a national holiday)
0335 GMT - Advantest Corp up 1,380 yen or 6.16 percent at 23,770 and Toshiba Corp up 14 yen or 1.81 percent at 787 after announcing they would hold a joint news conference at 0600 GMT.
0121 GMT - Sharp Corp up 170 yen or 7.33 percent at 2,490, surpassing a previous lifetime high of 2,400.
Investors were attracted to the major electronics manufacturer in light of brisk demand for liquid crystal displays and flash memories -- Sharp's specialities, analysts said.
0033 GMT - Liquid Audio Japan trading at 6.12 million yen after first changing hands on the TSE's new Mothers market for venture firms at 6.1 million yen, up from its initial public offer (IPO) price of 3.0 million.
Shares in the affiliate of U.S. Internet music company Liquid Audio Inc (NasdaqNM:LQID - news) ended bid-only at 6.0 million yen on Wednesday, when they debuted on the new market for small companies with strong growth potential.
0030 GMT - Kyocera Corp bid-only at 18,750 against Wednesday's close at 17,350.
U.S. mobile phone technology developer Qualcomm Corp (NasdaqNM:QCOM - news) said it had sold its unprofitable handset unit to Kyocera, the world's largest maker of integrated circuit ceramic packages.
Financial terms of the deal were not disclosed, but Japanese business daily Nihon Keizai Shimbun said the deal would be worth more than one billion dollars. |
