連つれ高だか

noun

sympathetic rise; coattail rally

Finance term for a stock price rising because other stocks in the same sector or market are rising, not necessarily due to its own fundamentals.

• 今日きょうの連つれ高だかは、同どう業ぎょう他た社しゃの好こう決けっ算さんがきっかけだった。

  Today's sympathetic rise was triggered by strong earnings from other companies in the same industry.

• この銘めい柄がらの上じょう昇しょうは実じつ力りょくではなく、単たんなる連つれ高だかに過すぎない。

  This stock's rise is not based on its own strength but is merely a coattail rally.