Strange price movements stood out, mainly among small-cap emerging stocks in the Tokyo market, with AMATEI and AHC briefly rising to the limit-up level. Some market participants have pointed to similarities with movements seen around the time, a year and a half ago, when the issue of customer account takeovers became a topic of discussion.
Strange price movements were observed in the Tokyo stock market, mainly among small-cap stocks, including some emerging issues. AMATEI and AHC in particular rapidly widened their gains at times, and were seen rising to the limit-up level.
The market capitalisations of the stocks concerned were generally said to be around ¥2 billion to ¥3 billion, and similar movements were intermittently confirmed in some low-priced stocks. Some market participants pointed to the possibility that the movements could be linked to unusual circumstances in the past.
Looking ahead, attention will focus on whether a similar dramatic surge will occur again and the extent of involvement by individual investors and institutions. The article does not mention any specific future plans or measures.
This article is based on reporting by Nikkei and refers to reporting by The Nikkei as support for the facts presented.