Dexerials Joins JPX Prime 150 Index

Dexerials (TYO:4980) has been selected for the first time as a constituent of the JPX Prime 150 Index, according to a delayed filing.

The company operates at 8 locations in Japan and 12 overseas, and was evaluated for the JPX Prime 150 Index based on its equity spread, which measures the difference between return on equity and the cost of equity.

Dexerials develops and manufactures essential electronic parts, adhesive materials, optical materials, and other functional materials for devices such as smartphones and automobiles.

Dexerials' shares shed over 3% at market close.

Price (JPY): $5644.00, Change: $-190, Percent Change: -3.31%