ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Market Scramble: Blue-chip slump spawns 'suckerfish investing'

TOKYO -- Investors are shunning exporters and other blue chips amid a strong yen in favor of shares expected to switch their listing to the Tokyo Stock Exchange's first section, aiming to grab the issues before an anticipated rise in demand.

A smaller-cap fund manager at a Japanese investment trust company cited Fuji Die, a manufacturer of wear-resistant tools made of cemented carbide, as a stock he picked up when it tumbled June 24 following Britain's vote to leave the European Union. Fuji Die is listed on the TSE second section.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more