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Overlap Holdings Inc. <414A> extends gains on designation as a loanable issue by the Tokyo Stock Exchange, effective April 6.
Overlap Holdings Inc. <414A> extended its rally following the Tokyo Stock Exchange’s announcement after the close on April 3 that the stock has been designated as a marginable issue, effective today. The stock is drawing heavy buying on expectations of enhanced liquidity and increased trading volume. Furthermore, the upside is supported by Japan Securities Finance also adding the shares to its loanable issue list for settlements starting April 6, a move that enables short selling and is expected to further improve the supply-demand balance.
Source: MINKABU PRESS
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