Sumitomo Rinnai <1911> is sharply rising. Over the weekend, US President-elect Trump nominated Scott Besent as the next Secretary of the Treasury, leading to a view that fiscal discipline will be maintained. As a result, long-term interest rates fell in the NY market the previous day, leading to buying in real estate stocks, etc. This seems to be a tailwind for the US housing market, with a positive response dominating for the company expanding its housing business in the USA.
住友林---大幅続伸、米長期金利低下や不動産セクター上昇を受けて
Sumitomo Rinnai - significant gains, driven by the decline in long-term US interest rates and the rise in the real estate sector.
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