Deals
Nomura Shares Jump After Unexpected Profit Increase: Tokyo Mover
This article is for subscribers only.
Nomura Holdings Inc. rose the most in three months after reporting an unexpected quarterly profit increase from cost cuts and the sale of private-equity investments.
Shares of Japan’s biggest brokerage jumped 7.1 percent, the biggest increase since Oct. 27, to 300 yen at the 3 p.m. close of Tokyo Stock Exchange trading. Daiwa Securities Group Inc. and the country’s top banks also rose. The Topix index gained 0.6 percent.