The SVT Index ended at 13,470.9 points on 29 October, up 0.50%, or 66.9 points, from the previous day. The index rebounded from its decline through the previous day, with rising demand for winter clothing and outerwear this season cited as the backdrop.
The SVT Index, comprising fashion and beauty-related stocks listed in Japan, stood at 13,470.9 points on 29 October, up 66.9 points, or 0.50%, from the previous day. The combined market capitalisation of its constituents was approximately ¥45.0083 trillion. While gainers predominated, a number of decliners were also seen.
Sankyo Seiko posted the largest gain among individual stocks, at +4.60%. After declining for 4 consecutive days through the previous day, it rebounded sharply on 29 October. I-ne followed at +4.42%, with LOOK HOLDINGS at +3.27%; MTG and Seiko Group also rose.
Tokyo Soir posted the largest decline, at -3.18%. Casio Computer, AXXZIA, Nippon Seika and Workman also recorded declines in the low 2% range. Fast Retailing rose 0.38%, its first increase in 3 days, contributing to the overall rise in the index.
Fast Retailing, ASICS, Ryohin Keikaku, Mitsukoshi Isetan Holdings and Seiko Group were the largest positive contributors to the index. Casio Computer, Workman and Citizen Watch were among the factors contributing negatively. The impact of the first winter winds, which blew on the previous day, 28 October, continues to be viewed by the market as a seasonal factor.