ABC-MART shares continued to rise. September domestic same-store sales increased 14.9% year on year, while strong sales of autumn products lifted overall trading activity. The shares rose by ¥69 from the previous day to ¥2,779 in the morning and remained near their high in the afternoon.
Shares of footwear retailer ABC-MART widened their gains, rising by ¥69 from the previous day to ¥2,779 in the morning. They reached their highest level in about a month, since 27 August, and remained near their high in the afternoon.
The company's September domestic same-store sales, announced the same day, increased 14.9% year on year. The market viewed the sales growth positively.
Strong sales of autumn products were cited as a factor behind the growth, with seasonal product demand supporting the share price.
During the day's trading, the shares remained at an elevated level, while market participants continued to monitor the response in consumer demand, which could influence the future direction of the stock.