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STELLA PHARMA Extends Gains for Fourth Consecutive Day as TSE Lifts Temporary Margin Trading Restrictions
STELLA PHARMA CORPORATION <4888> posted gains for the fourth consecutive session. After the close of trading on the 9th, the Tokyo Stock Exchange (TSE) announced the lifting of temporary short-selling restrictions on the stock effective from the 10th ? measures that had required a margin deposit ratio of at least 50% (including a minimum of 20% in cash) for both new short sales and margin purchases. In addition, Japan Securities Finance (JSF) announced that it would similarly lift, effective the 10th, its additional collateral requirements related to proprietary lending transactions and proprietary lending transactions for non-clearing participants. The easing of these trading constraints is expected to lower barriers for market participants, and the stock is drawing buying interest on expectations that short-term capital inflows will pick up as a result.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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