olympus shares up 22 after chairman resigns
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Olympus shares up 22% after chairman resigns

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Arab Today, arab today Olympus shares up 22% after chairman resigns

Tokyo - AFP

Shares in Japan's Olympus surged by more than 20 percent in Tokyo trade on Thursday, one day after its under-pressure chairman and president resigned over a fee payments scandal. The company had earlier held a press conference defending payments made in a series of deals at the centre of the scandal, which had wiped out around half of its share value and prompted two leadership changes in less than two weeks. Olympus shares were up 21.92 percent at 1,340 yen in afternoon trade.

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