Recruit Holdings shares hit daily limit after guidance upgrade

Shares of Recruit Holdings jumped to their daily trading limit in Tokyo after the staffing and online-services group lifted its full-year guidance, according to reports on the session. The move came as Japanese and South Korean equities rebounded, with regional benchmarks broadly higher. Recruit, whose businesses include the Indeed and Glassdoor job platforms, is among the more heavily weighted names in Japanese indices, and its limit-up move contributed to the market's advance. No further detail on the revised guidance ranges was disclosed in the initial reports.