Nexon Stock Breaks ¥4,000 on Tokyo Stock Exchange, Market Cap Surges Past ₩30 Trillion

Nexon, which is listed on the Tokyo Stock Exchange (TSE), broke above the ¥4,000 mark during trading on the 5th.

 

According to the TSE on the 5th, Nexon posted an intraday high of ¥4,045.0. Its market capitalization based on that price was tallied at ¥3.3138 trillion. Converted at the day’s KRW–JPY exchange rate (₩920.96 per ¥100), that comes to roughly ₩30.5188 trillion. Even compared with the market caps of major Korean game companies (Krafton at ₩11 trillion on the same day), the gap is more than twofold.

 

Looking at the day’s price action, Nexon opened at ¥3,869.0 (about ₩35,632), a slight uptick from the previous session’s close of ¥3,827.0 (about ₩35,245). Shortly after the open, it briefly dipped to ¥3,827.0—matching the prior close—but then reversed higher and went on to reach the ¥4,000 level.

 

Total volume traded on the day was 670,800 shares, and turnover came to roughly ¥2.66 billion (about ₩244.9 billion). As the stock moved into an upward trend, key valuation metrics also took shape: the price-to-earnings ratio (PER) was 27.46x and the price-to-book ratio (PBR) was 3.04x. Earnings per share (EPS) stood at ¥146.00 (about ₩1,344).

 

This article was translated from the original that appeared on INVEN.

Sort by:

Comments :0

Insert Image

Add Quotation

Add Translate Suggestion

Language select

Report

CAPTCHA