In the morning session, Sumitomo Realty & Development moved to ¥3,355, up 110, while Fast Retailing rose to ¥77,170, up 2,470. Real estate stocks rose on long-term interest rates, while funds were also reported to be flowing into highly defensive retail stocks.
Sumitomo Realty & Development moved to ¥3,355, up 110. Real estate stocks rose as long-term interest rates provided a catalyst.
Fast Retailing rose to ¥77,170, up 2,470, and funds were also seen flowing into the retail sector as a defensive sector.