In today’s briefing:
- Meitetsu Transport (9077JP) Confirms Closure of Last Department Store
- Korea: Short Selling Data Analysis (Which Stocks Are the Gainers and the Losers?)
Meitetsu Transport (9077JP) Confirms Closure of Last Department Store
- Until quite recently, Nagoya had seven department stores but will soon have just four.
- This follows Meitetsu’s decision to close its flagship store to clear the way for a major redevelopment of the station area.
- The new development will include retail and so bring some competition to Takashimaya, which now dominates department store retailing in the city, but not before 2033.
Korea: Short Selling Data Analysis (Which Stocks Are the Gainers and the Losers?)
- We provide the short selling data analysis of the Korean stock market including the top 20 stocks in KOSPI with the highest short interest ratios in KOSPI and KOSDAQ, respectively.
- There have been noticeable shorting on the Ecopro Group companies and other key names in the rechargeable battery sector including Posco Future M, L&F, and SK IE Technology.
- Shorting has generally worked for KOSDAQ names with higher short interest ratios but not for KOSPI names in the past two weeks.
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