Agency :
Companies associated with athletes who won or were set to win medals at the ongoing Tokyo Olympics saw their stock prices jumped on Monday. Many Japanese athletes’ superb performance at the Tokyo Games, which opened Friday after a one-year postponement due to the coronavirus pandemic, led to “congratulatory buying” of related shares, a securities firm official said.
The stock price of Parking lots operator Park24 Co. <4666> soared 2.37 pct from Wednesday, the previous trading day, to 2,025 yen after three judoka belonging to the firm–Naohisa Takato, Hifumi Abe and Funa Tonaki–earned medals.
