JPX market closed: Matsumoto Inc. (7901.T) up 57.24% to JPY 1923.00: what drove the gain
Matsumoto Inc. (7901.T) closed on the JPX up 57.24%, finishing at JPY 1923.00 on heavy volume of 805,900.00 shares. The move is the largest intraday gain this session in the Basic Materials group in Japan and pushed price above both the 50-day average (JPY 766.06) and 200-day average (JPY 873.32). Traders cited improved order flow for school albums and online print services, while short-covering likely amplified the rally. We review the drivers, valuation, technical setup and Meyka AI model outlook for the 7901.T stock
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