Emerging equities: Growth 250 extended losses on the ninth, weighed down by profit-taking and position-closing selling.

The Tokyo Stock Exchange Growth Market 250 Index declined for a second consecutive session. 'Profit-taking and selling to raise cash ahead of large U.S. listings weighed on share prices,' said a domestic securities firm. Astroscale Holdings plummeted, while QPS Holdings also fell sharply for the second straight day. Data Section declined, and PowerX, Syns, and Axelspace were also sold off. On the other hand, Terra Drone rose for a second consecutive session, Oncolys BioPharma rebounded, and CICN advanced. Space-related stocks were under pressure 'due to profit-taking linked to SpaceX's anticipated listing and heightened caution surrounding such selling...'

Jiji PressJun 9 03:09 ET

[Emerging Equities] Growth 250 rebounds after six days, driven by value-seeking buying (as of the 5th).

The Tokyo Stock Exchange Growth Market 250 Index rebounded for the first time in six trading days. Following recent declines, the index became attractively priced, prompting bargain hunting. Additionally, 'as some overheated Prime market stocks came under selling pressure, retail investor funds shifted toward Growth market stocks,' according to a domestic securities firm. AstroScale, QPS-HD, and Syns—all space-related companies—also rebounded for the first time in six trading days, as did QD Laser. On the other hand, Data Section and HPC Systems declined, along with FFR.

Jiji PressJun 5 03:01 ET

Rating [Securities Firms' Ratings]

Upgrades – Bullish Code Stock Name Securities Firm Previous Revised -------------------------------------------------------------- <9005> Tokyu SBI "Neutral" "Buy" <290A> Syns Okasan "Neutral" "Bullish" <9075> Fukuyama Transporting Daiwa "3" "2" <5332> TOTO SMBC Nikko "3" "2" Downgrades – Bearish Code Stock Name Securities Firm Previous Revised ------------------

Fisco JapanJun 3 19:21 ET

Emerging equities: Growth 250 index fell for the fourth consecutive day on March 3, as retail investors showed little interest.

The Tokyo Stock Exchange Growth Market 250 Index declined for the fourth consecutive trading day. Although selling pressure eased in the afternoon session and prices rebounded toward the previous day’s closing level, the index failed to move into positive territory. A market participant at a domestic securities firm noted, 'Retail investors have a high risk tolerance, but funds have flowed into large-cap semiconductor-related stocks.' Space-related stocks that had recently gained popularity—such as Syns, which hit an all-time high on May 27—were weighed down by profit-taking selling and acted as a drag on the index. Astroscale, PowerX, and Axels were among the affected names.

Jiji PressJun 3 03:08 ET

The Growth 250 index of emerging equities declined for the second consecutive day, with space-related stocks leading the downturn (as of the 2nd).

The Tokyo Stock Exchange Growth 250 Index declined for the third consecutive trading day. Market participants noted, 'With the upcoming initial public offering (IPO) of U.S. space company SpaceX, reports suggesting its valuation may fall short of expectations have triggered a downward trend in space-related stocks on the Growth market' (mid-tier securities firm). Shares of Astroscale, QPS-HD, and Syns continued to decline. On the other hand, QD Laser and Oncolys Bio rebounded, while HPC Systems extended its gains. (End) [Jiji Press]

Jiji PressJun 2 03:23 ET

Emerging equities: Growth 250 extended losses on the 27th, adjusting from overheated sentiment.

The Tokyo Stock Exchange Growth Market 250 Index declined for a second consecutive session, with stocks related to space, data centers, and drones falling. A market participant at a mid-sized securities firm commented, "Following the Nikkei 225’s sell-off driven by a correction of short-term overheating, selling pressure extended to the Growth Market as well." Shares of Astroscale, Syns, QD Laser, and Data Section declined, while PowerX rebounded and Microwave Chemical surged sharply. On the Growth Market, 61% of stocks fell and 34% rose. (End) [Jiji Press]

Jiji PressMay 27 03:49 ET