Takata shares rise by daily limit, up 18.2 percent - Kogonuso

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Jan 24, 2017

Takata shares rise by daily limit, up 18.2 percent

Shares in Japanese air bag manufacturer Takata Corp gained 18.2 percent on Wednesday, rising by a daily limit of 80 yen to 519 yen (US$4.56), stemming four days of steep decline brought about by investor fear of a court-mediated bankruptcy.

TOKYO: Shares in Japanese air bag manufacturer Takata Corp gained 18.2 percent on Wednesday, rising by a daily limit of 80 yen to 519 yen (US$4.56), stemming four days of steep decline brought about by investor fear of a court-mediated bankruptcy.
Takata shares were down 40 percent from a week earlier.
(Reporting by Tokyo Markets Team)

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