NPN.JO is trading 1.8% up at $84614.00, largely influenced by positive developments concerning its significant holding in Tencent.
- Tencent Holdings, in which Naspers has a major stake, saw its shares trading higher in Hong Kong on July 7, providing a positive cue for Naspers and Prosus.
- This positive sentiment follows a JPMorgan upgrade of Tencent on July 6, driven by the launch of its Weixin AI agent.
- The upward movement also aligns with broader market sentiment favoring growth and tech-linked companies.