Asian Markets Mostly Higher finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
TOKYO, Feb 26 (Reuters) - Japanese shares dropped on Friday, with the Nikkei on course to log its biggest fall since July, after a spike in global bond yields spooked investors already uneasy about the market’s stretched valuation.
Nikkei average fell 2.54% to 29,400.80, hitting its lowest level in almost three weeks. If sustained, it will be the biggest daily drop since July 31, when it fell 2.82%.
For now, the Nikkei managed to find a support at its 25-day moving average of around 29,200.
The broader Topix lost 1.98% to 1,888.02
Except one, mining shares, all of the Tokyo Stock Exchange’s 33 industry subindexes were in the red, with electronic machinery makers, pharmaceuticals and real estate companies also falling more than 2%.
Dai-ichi Life Holdings Dumps Stake in Janus Henderson swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.
LONDON (BUSINESS WIRE) Janus Henderson Group plc (NYSE/ASX: JHG; the ‘Company’) announces today the pricing of the secondary offering of 30,668,922 shares of common stock by its largest stockholder, Dai-ichi Life Holdings, Inc. (the ‘Selling Stockholder’), at a price of $29.25 per share. The Company has agreed to purchase, as part of the offering, 8,048,360 shares of common
(2)
Janus Henderson Group plc (NYSE/ASX: JHG; the Company ) announces today the pricing of the secondary offering of 30,668,922 shares of common stock by its largest stockholder, Dai-ichi Life Holdings, Inc. (the Selling Stockholder ), at a price of $29.25 per share. The Company has agreed to purchase, as part of the offering, 8,048,360 shares of common stock through the underwriters pursuant to the Company s previously announced repurchase program at the price at which the shares of common stock are sold to the public in the offering, less the underwriting discount. The Company intends to fund the repurchase with cash on hand. The repurchased shares will be cancelled and no longer outstanding following the completion of the repurchase.