Toyota Shares Jump 16.7%, Biggest Single-Day Gain Since 1987
Toyota shares closed 16.7% higher in Tokyo, their biggest single-day gain since 1987, according to FactSet. The move was helped by lower oil prices.
By Kosaku NariokaFor a day at least, shares of steady-as-she-goes Toyota Motor behaved like a rocketing sports car.Helped by lower oil prices, Japan's most valuable company saw its stock price close 16.7% higher in Tokyo, its biggest single-day gain since 1987, according to FactSet.Unlike their Chi…