Warren Buffett to Bolster Stakes in Japan’s Big Trading Houses. Stocks Jump.

Billionaire investor Warren Buffett said he’s planning to increase his investments in Japan’s biggest trading houses, pushing up the shares.

Itochu

(ticker: 8001.Japan),

Mitsubishi

(8058.Japan),

Mitsui

& Co. (8031.Japan),

Sumitomo

(8053.Japan), and

Marubeni

(8002.Japan) all rose at least 2% on Tuesday in Tokyo trading. Buffett, in an interview with Nikkei, said he was pleased with his holdings in the firms and planned to increase them.

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