The SVT Index of fashion and beauty stocks fell to 12,895.2 points on 2 October, down 211.3 points from the previous day. Approximately 80% of its constituents declined, with the impact of major stocks standing out as a factor behind the drop.
The SVT Index, comprising 96 fashion and beauty stocks in Japan, stood at 12,895.2 points on 2 October, a sharp 1.61% decline from the previous day. Declining stocks outnumbered advancing stocks, resulting in an across-the-board decline overall.
The index had risen 1.82% from the previous day on 1 October, but selling spread on the 2nd, including in large-cap stocks such as ファーストリテイリング, アシックス and 良品計画. ワークマン recorded the largest decline at 6.93%, followed by MTG at 4.87% and 資生堂 at 4.31%.
Some stocks also advanced, including HUMAN MADE, up 5.34%, TENTIAL, up 3.69%, and 日本色材工業研究所, up 3.63%. In terms of index contribution, declines in large-cap stocks weighed on the index overall.
Preliminary September monthly sales figures for the constituents of the SVT Index were also released. ファーストリテイリング's same-store sales rose 10.8% year on year, while sales at directly operated stores and through e-commerce rose 9.9%. Stores that temporarily closed because of the Kumamoto earthquake or heavy rain in Chiba were excluded from the calculations.