泉州電業 surged on expectations of an upward revision to its forecast for the fiscal year ending October 2026, briefly reaching ¥7,920 in trading. It extended its gains to around ¥7,720 in the afternoon, marking 3 consecutive days of gains.
泉州電業, a specialist trading company in electric wires, surged and posted its 3rd consecutive day of gains. The stock briefly rose to ¥7,920 during trading, exceeding its high of ¥7,570 from the previous year. The stock is currently showing strength.
As of 12:47 p.m., it had risen to ¥7,720, up ¥340 from the previous day, with the gain standing at approximately 4.6%. The market is watching to see whether this move will attract follow-on buying.
The article indicates that 泉州電業 is expected to raise its forecast for the fiscal year ending October 2026, citing investor interest in the higher forecast as a factor behind the rise.