The Nikkei 225 Sep2023 Rebal is Lasertec (6920), Mercari (4385), Nitori (9843) IN; Mitsui E&S (7003), NSG (5202), and Matsui Sec (8628) OUT. No big surprises. But all the adds are stealthily big!
Boomeranged on Thu, 14 Sep 2023 12:44
Since the Sep 2023 Nikkei announcement 10 days ago, Lasertec flatlined vs Peers, Nitori popped, then underperformed what might loosely be considered peers, and Mercari fell 6% outright through yesterday (it's up today). But this is not overtraded. Mercari volume was third lowest in a year yesterday. And there is LOTS to buy. These inclusions are bigger than people think.
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