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Stock impact report

Nomura Is Preparing for Korean Reunification With List of Stocks [Bloomberg Business News]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Some might say Nomura Holdings Inc. is getting ahead of itself. Before an historic meeting between North and South Korean leaders next week, the brokerage has a list of stocks to buy should the countries decide to reunify. True, it’s the first leadership summit in 11 years, and local media have reported that the Koreas, which are technically still at war, may announce a truce to formally end hostilities. But very few people are expecting the two countries to become one anytime soon. “You might think it’s a bit early," Jim McCafferty, head of Asia excluding Japan equity research, said in an interview in Hong Kong. “But the market always anticipates.” In a related development, CIA Director Mike Pompeo traveled to North Korea a few weeks ago to meet Kim Jong Un to prepare for a possible summit with U.S. President Donald Trump, according to two people familiar with the matter, raising optimism that the meeting could produce a deal. McCafferty say Show less Read more
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