'Nissan' shares drop for the second day by picking investors to profits
The share “Nissan Motor” fell, on the way to the decline for the second day by a total of 13%, as investors sold the Japanese car manufacturer’s share to earn profits, following its rise thanks to reports on the conclusion of an agreement with its strongest counterpart, “Honda Motor”. The share fell 6.7% in Tokyo on Monday. The car manufacturer’s shares have risen by more than 60% since December 17, a day before the news on the Deal News, before it ended up on December 27, with the concentration of investors at the initial laboratories of the “Honda” partnership agreement and “Nissan”. The troubled Japanese automotive industry aims to establish and include a joint control with ‘Honda’ by August 2026, according to an announcement issued on December 23. The accurate conditions of the arrangement have not yet been determined, but according to the two companies, the stock transfer coefficient will take into account. Copley Fund Research, the founder of the “Copeley Fund Research”, said that regardless of the short -term support received by the “Nissan” price from the news on the agreement with “Honda”, the global funds in the car business remain low. “Morale is very negative,” Holden said. “There is a very small positive activity about Nissan in terms of opening and closing the boxes to the centers,” he added. Holden believes that “Nissan” is one of the big losers in a global trend in which global funds are away from car manufacturers and heading to major technology companies with the approach of 2025. The broader Japanese stock market also saw from Monday, to five consecutive days of profits. The standard topic index fell 0.8% in the last trade session for this year, which was influenced by the decline in the shares of the electronic and automotive businesses. ‘Nissan’ recorded the worst performance on the Nikai 225 leadership stock index at 13:24 in Tokyo.