Zensho Holdings’ share price hit a new all-time high in Tokyo trading on the 26th. Investors expect price increases to improve profit margins, and funds are flowing into consumer and service stocks.
As the rally in artificial intelligence-related stocks pauses, funds are flowing into some consumer and service stocks while the Nikkei Stock Average is treading water. The share price moves are viewed as reflecting increased focus on companies’ ability to respond to inflation and their pricing strategies.
On the 26th, Zensho Holdings’ share price hit a new all-time high in the market. Some investors say the company’s ability to attract customers and respond to price increases has drawn attention as an investment catalyst.
Across the market, the view is spreading that while the rally in AI-related stocks has paused, funds are concentrating in consumer and service sector stocks.