Retail stocks led gains in Tokyo on the 15th, with notable inflows into strong-performing stocks. The retail sector rose 2.7% despite the decline in the Nikkei average, reaching a high not seen in about 2 months.
In Tokyo on the 15th, retail stocks supported the market as the Nikkei average weakened on declines in AI- and semiconductor-related stocks. The retail sector rose 2.7% from the previous day, reaching a high not seen in about 2 months.
Buying of strong-performing stocks was notable, with Ryohin Keikaku rising 9.5% to a record high since listing. Yoshinoya Holdings also rose 4.6%, reaching a record high since listing as well.
The gains in both stocks were attributed to heightened investor interest driven by the earnings results and outlook announced the same day. Meanwhile, the Nikkei average fell sharply over the course of the day.
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