Kioxia Shares Lifted by $13 Billion Inflow Hope After JPX Review
Kioxia Holdings Corp.’s shares rose as much as 4% after Japan Exchange Group Inc. announced its weighting on the benchmark Topix index will be increased, a move that fueled expectations that an estimated ¥2 trillion ($12.7 billion) of passive inflows may be triggered.
<p>Kioxia Holdings Corp.’s shares rose as much as 4% after Japan Exchange Group Inc. announced its weighting on the benchmark Topix index will be increased, a move that fueled expectations that an estimated ¥2 trillion ($12.7 billion) of passive inflows may be triggered.</p>