On Tuesday, trade by Asian markets were diverse. SoftBank shares dropped to about ten percent following the re-opening of the Japanese market. The Japanese Benchmark Nikkei 225 increased to 0.36 percent while stocks also increased compared to a weaker yen. However, SoftBank shares decreased with 10.94 percent because of the investor’s reaction to the company’s statement that it will be acquired by ARM Holdings worth $32 billion.
The Korean Kospi decreased by 0.43 percent while the Japanese Yen has further weakened opposite to the greenback. The Currency pair has traded with 101.16.
On the other hand, Japanese Nintendo shares advance with a trading increase of about 9.5 percent in order to attain a high of 31,390 yen per share.
The material has been provided by InstaForex Company – www.instaforex.com