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AEON tops rising sell predictions among individual investors
As of 11:00 a.m. on Tuesday, retail giant AEON Co., Ltd. <8267> topped the surging "sell predictions" chart on the 48-hour individual investor sentiment index compiled by financial media platform Minkabu.
During the Tokyo session, AEON shares slid as much as 34.50 yen from Monday's close to hit a fresh year-to-date low of 1,318 yen. Retail stocks have faced persistent headwinds recently, squeezed by escalating raw material and energy overheads. Reflecting this broader sector malaise, the Tokyo Stock Exchange's retail sub-index has shed approximately 2.8% year-to-date. While AEON’s prolonged struggle to find a definitive floor has fueled bearish retail sentiment, a counter-wave of value-hunting appears to be emerging, as the stock concurrently claimed the fifth spot in "buy predictions."
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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