After Buffett's statement "will hold long-term", the stock prices of Japan's five major trading companies rose.
The Wisdom Finance APP learned that after Buffett expressed his expectation that Berkshire Hathaway (BRK.A.US) would hold investments in a Japanese trading company for 50 years or longer, the stock prices of Japanese trading companies rose. Mitsubishi Corporation, Marubeni Corporation, Mitsui & Co., Ltd., Itochu Corporation, and Sumitomo Corporation all saw increases of at least 3.1% in the Tokyo stock market on Wednesday. An index measuring the wholesale trading industry was the largest contributor to the rise of the Tokyo Stock Exchange index, which increased by 2.5%.
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