Business & Finance
Nikkei Weight Cut Shadow Looms Over Advantest After 18% Rally
Key Points
Nikkei Weight Cut Shadow Looms Over Advantest After 18% Rally Advantest Corp.’s shares may come under selling pressure from passive funds as the Japanese chip-tester maker’s weighting in the Nikkei 225 Stock Average may be lowered at the next review. Nikkei Inc. makes periodic cuts to stocks whose weightings exceed 10% in the Nikkei 225 benchmark. This puts Advantest — whose weight is currently just above 12% per Bloomberg calculations — at risk of an October reduction.
Nikkei Weight Cut Shadow Looms Over Advantest After 18% Rally
Advantest Corp.’s shares may come under selling pressure from passive funds as the Japanese chip-tester maker’s weighting in the Nikkei 225 Stock Average may be lowered at the next review.
Nikkei Inc. makes periodic cuts to stocks whose weightings exceed 10% in the Nikkei 225 benchmark. This puts Advantest — whose weight is currently just above 12% per Bloomberg calculations — at risk of an October reduction.