FOOD & LIFE COMPANIES and ASICS were not selected for inclusion in the Nikkei Stock Average, prompting reports that disappointment selling emerged in the market. The two stocks were also reported to be trading at relatively low levels.
In the Nikkei Stock Average's constituent reshuffle, FOOD & LIFE COMPANIES and ASICS were reportedly not included among the stocks newly added. In connection with this, views were expressed that shares of both companies were trading at low levels in the market.
The market saw some investors regard their exclusion from consideration for new inclusion as a negative factor, with some observers saying this affected investors' trading activity. The article does not provide specific trading motives or the extent of the impact.
There are views that future developments could change depending on trends in the review of the Nikkei Average's constituents and company-specific factors affecting the two stocks, but the article does not specify any supporting figures or timing.