SMBC Nikko Securities says Kioxia could attract passive inflows of ¥3 trillion ($18.5B) if its weight rises in the Topix benchmark. The index-weighting effect suggests incremental buy-side support, but the news is directional rather than tied to financial results.
SMBC Nikko Securities says Kioxia could attract passive inflows of ¥3 trillion ($18.5B) if its weight rises in the Topix benchmark. The index-weighting effect suggests incremental buy-side support, but the news is directional rather than tied to financial results.
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mildly positive
Sentiment Score
0.15