Nikkei ends at three-week low after Ghosn arrest shocks market, Nasdaq fall drags tech stocks [Reuters]
UBS Group AG Registered Ordinary Shares (UBS)
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Source: Reuters
Nikkei ends at three-week low after Ghosn arrest shocks market, Nasdaq fall drags tech stocks | Reuters 3 Min Read TOKYO (Reuters) - Japan’s Nikkei fell to a three-week low on Tuesday as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest and dismissal. The Nikkei share average ended 1.1 percent lower to 21,583.12, the lowest closing level since October 31. Nissan Motor Co was the most-traded stock by turnover and tumbled 5.5 percent to end at 950.7 yen, its lowest since August 2016, after Nissan said Ghosn had been arrested over alleged financial misconduct and would be fired from the board this week. Nissan said an internal investigation, triggered by a tip-off from a whistleblower, had revealed that Ghosn engaged in wrongdoing including personal use of company money and under-reporting his earnings for years. “This is shocking,” said Toru Ibayashi, executive director of Wealth Management at UBS Securities Ja
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UBS
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- 4/25/23 - Miss
UBS
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- 4/16/24 - Form 6-K
- 4/2/24 - Form IRANNOTICE
- 3/28/24 - Form 6-K
- UBS's page on the SEC website