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STELLA PHARMA shares fall sharply on TSE margin trading restrictions
STELLA PHARMA CORPORATION <4888> declined sharply. The Tokyo Stock Exchange announced that starting on the 30th, the margin requirement for new credit transactions (both selling and buying) of the company's shares will be set at 50% or more (including at least 20% in cash). The stock was sold off amid views that this would reduce capital inflows from individual investors.
Additionally, Japan Securities Finance announced that from the same date, the collateral ratio for its own account lending/borrowing transactions and settlement intermediary lending/borrowing transactions for non-clearing participants would be set at 50% (including 20% in cash collateral).
Source: MINKABU PRESS
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