F&LC – Sharp retreat after not being included in the Nikkei 225's periodic review (Traders Web)

FOOD & LIFE COMPANIES (3563) was not included in the Nikkei 225's periodic review, sending its shares sharply lower. Expectations for the consumer sector receded, and the share price reacted to the negative news.

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The story

FOOD & LIFE COMPANIES was not included following the periodic review of the Nikkei Stock Average. The company's shares have fallen sharply in response.

Analyst reports from some securities companies had ranked the company among the leading candidates for the consumer sector's periodic constituent changes, but its eventual exclusion is viewed as a factor behind the decline in its share price.

The share price is currently ¥5,728, down ¥294 from the previous day.

This report was carried by Yahoo! Finance, which relayed information from Traders Web.

At a glance

Share price information¥5,728, down ¥294 from the previous day

EventNot included in the Nikkei 225's periodic constituent review

ImpactThe company's shares fell sharply

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