TOKYO -- Shares in Toshiba soared almost 17% on Monday as investors turned hopeful that the Japanese conglomerate's return to the top section of the Tokyo Stock Exchange will lead to more demand for its stock from index funds.
Toshiba's stock price surged close to 500 points and closed at 3,460 yen, a five-month high. It was the biggest daily share price increase in percentage terms since July 2017.
