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SoftBank Group shares rise for a third consecutive session, but upside is capped despite the unwinding of margin longs.

Tue Apr 7, 2026 9:23 am JST Catalyst

Shares of SoftBank Group <9984> advanced for a third consecutive session on solid buying interest. The stock, which is highly correlated to the tech-heavy Nasdaq Composite, was lifted by the index's four-day rally overnight. Additionally, recent data showing steady progress in the unwinding of margin longs is being viewed positively as a sign of improving supply-demand dynamics.

However, upside remains capped. Shares of its U.S.-listed UK chip subsidiary, Arm Holdings , have been under selling pressure and losing momentum since hitting a year-to-date high on the 25th. This has weighed on SoftBank Group's performance as well. Consequently, gains have been modest, with the stock hovering in the upper-\3,000 range as bulls and bears remain engaged in a tug-of-war.

Source: MINKABU PRESS

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