Japan’s investors raise bets on Kono in leadership race

Investing.com | Sep 13, 2021 at 9:48 AM
  • Japan’s stock investors have raised bets Taro Kono will become the country’s next prime minister, snatching up renewable energy and office technology shares that are expected to benefit under his economic policies.
  • Kishida has pledged to expand the country’s medical capacity to deal with the COVID-19 outbreak so his candidacy and initially strong support helped shares in that sector.
  • His subsequent loss of momentum has hit those shares with Leoclan, a medical equipment trading firm, shedding some of its gains of more than 20%.