A surge in the prices of shares in Japan¡¯s trading houses ¡ª triggered by a $6 billion investment by Warren Buffett ¡ª is already fading, due to a lack of fresh catalysts and a downturn in commodity markets.
Shares in two of the five s¨g¨ sh¨sha, as the commodity-centric Japanese conglomerates are called, are now trading at or below levels before Buffett¡¯s Berkshire Hathaway Inc. announced its stake purchase.
The August announcement, among the largest investments ever made by Buffett in Japan, not only sparked a rally in stocks, but also boosted overall investor interest in the trading companies.
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