Tokyo market open: Nikkei average plunges sharply again; Inpex surges on the back of a sharp rise in NY crude oil prices; Japan Oracle remains firm amid expectations of bargain hunting despite the steep drop in U.S. Oracle shares; Shin-Etsu Chemical falls for the sixth consecutive day as investors shun it due to concerns over investment burden
![Good morning, moomoo users![Rose]Here is the overview of this morning’s opening. Thank you for your attention. Market Overview On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently. By sector, mining, food products, and shipping are advancing, while non-ferrous metals, machinery, and transport equipment are declining. A securities firm upgraded its investment rating on $Takashimaya (8233.JP)$ rises sharply. On the other hand...](https://sgsnsimg.moomoo.com/sns_client_feed/181569713/20260611/web-1781136419343-uK3ulBmC2c.webp/big?area=105&is_public=true&imageMogr2/ignore-error/1/format/webp)
Good morning, moomoo users!
Here is the overview of this morning’s opening. Thank you for your attention.
Here is the overview of this morning’s opening. Thank you for your attention.Market Overview
On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently.
On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently.
By sector, mining, food products, and shipping are advancing, while non-ferrous metals, machinery, and transport equipment are declining. A securities firm upgraded its investment rating on $Takashimaya (8233.JP)$ , which surged sharply. On the other hand, $Fujikura (5803.JP)$and$Furukawa Electric (5801.JP)$ Utility wire stocks, among others, are being heavily sold again following yesterday's decline.
![Good morning, moomoo users![Rose]Here is the overview of this morning’s opening. Thank you for your attention. Market Overview On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently. By sector, mining, food products, and shipping are advancing, while non-ferrous metals, machinery, and transport equipment are declining. A securities firm upgraded its investment rating on $Takashimaya (8233.JP)$ rises sharply. On the other hand...](https://sgsnsimg.moomoo.com/sns_client_feed/181569713/20260611/web-1781138496859-agjjYZ6psp.png/big?area=105&is_public=true&imageMogr2/ignore-error/1/format/webp)
![Good morning, moomoo users![Rose]Here is the overview of this morning’s opening. Thank you for your attention. Market Overview On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently. By sector, mining, food products, and shipping are advancing, while non-ferrous metals, machinery, and transport equipment are declining. A securities firm upgraded its investment rating on $Takashimaya (8233.JP)$ rises sharply. On the other hand...](https://sgsnsimg.moomoo.com/sns_client_feed/181569713/20260611/web-1781138488781-uR4oMsKCNf.png/big?area=105&is_public=true&imageMogr2/ignore-error/1/format/webp)
Top News
INPEX surges sharply as NY crude oil spikes in after-hours trading on reports that U.S. forces have begun attacking Iran
$Inpex (1605.JP)$ surged sharply, with rising crude oil prices seen as a positive catalyst.
INPEX surges sharply as NY crude oil spikes in after-hours trading on reports that U.S. forces have begun attacking Iran
$Inpex (1605.JP)$ surged sharply, with rising crude oil prices seen as a positive catalyst.
On June 10, New York crude oil futures rebounded. The July WTI futures contract settled at $90.03 per barrel, up $1.83 from the previous trading day. Buying was driven by U.S. President Donald Trump’s suggestion of a potential attack on Iran. Subsequently, during early Asian trading hours, reports emerged that U.S. forces had begun attacking Iran, triggering a sharp after-hours rally in NY crude oil futures, which are now trading around the $92 range.
Following this trend, buying interest is also flowing into domestic crude oil-related stocks. $Japan Petroleum Exploration (1662.JP)$ 、 $ENEOS Holdings (5020.JP)$ 、 $Idemitsu Kosan (5019.JP)$ 、 $Cosmo Energy Holdings (5021.JP)$ Other stocks are also trading higher.
Oracle Japan remains firm; despite the sharp after-hours drop in US-listed Oracle, buying on dips is expected as the overall trend appears to be forming a major bottoming zone
$Oracle Corp Japan (4716.JP)$ remains under selling pressure but is showing underlying support. In the U.S. stock market the previous day, $Oracle (ORCL.US)$ plunged sharply in after-hours trading following its earnings announcement, and its Japanese subsidiary is inevitably affected. Although Oracle’s fiscal Q3 2026 (March–May) results exceeded consensus estimates on metrics like EPS, the stock faced heavy selling due to investor concerns over substantial capital raising plans for the next fiscal year. While expanded investment in AI cloud infrastructure and related capex is essential, fears of excessive financial burden and balance sheet strain triggered the sell-off. However, given that Oracle Japan’s share price has been trading near multi-year lows in recent years, downside resistance is becoming more pronounced.
$Oracle Corp Japan (4716.JP)$ remains under selling pressure but is showing underlying support. In the U.S. stock market the previous day, $Oracle (ORCL.US)$ plunged sharply in after-hours trading following its earnings announcement, and its Japanese subsidiary is inevitably affected. Although Oracle’s fiscal Q3 2026 (March–May) results exceeded consensus estimates on metrics like EPS, the stock faced heavy selling due to investor concerns over substantial capital raising plans for the next fiscal year. While expanded investment in AI cloud infrastructure and related capex is essential, fears of excessive financial burden and balance sheet strain triggered the sell-off. However, given that Oracle Japan’s share price has been trading near multi-year lows in recent years, downside resistance is becoming more pronounced.
Shin-Etsu Chemical – down for the sixth consecutive day; to build first rare earths plant in Japan since 2008, reducing reliance on China – Nikkei
$Shin-Etsu Chemical (4063.JP)$ fell for the sixth consecutive day. The June 11 morning edition of Nikkei reported that the company will build new rare earth production facilities in Fukui Prefecture.
$Shin-Etsu Chemical (4063.JP)$ fell for the sixth consecutive day. The June 11 morning edition of Nikkei reported that the company will build new rare earth production facilities in Fukui Prefecture.
According to the article, Japan relies on China not only for rare earth ores but also for refining. Therefore, in addition to securing raw materials from outside China, it plans to enhance domestic refining capacity and establish mass-production systems. It aims to build a China-diversified supply chain and ensure stable rare earth supplies to Japanese companies—rare earths being essential for electric vehicles (EVs). The company will invest at least 35 billion yen to construct new rare earth refining facilities, utilizing 17.5 billion yen in government subsidies. This would mark the first new rare earth refining hub established domestically since 2008.
Meanwhile, the stock price remains weak amid a generally bearish market sentiment, with selling pressure dominating.
SoftBank Group – under strong selling pressure; weighed down by declines in Arm and other tech stocks. Oracle plunged sharply after hours following its earnings announcement.
$SoftBank Group (9984.JP)$ is under selling pressure, reflecting concerns over the decline in U.S. tech stocks.
$SoftBank Group (9984.JP)$ is under selling pressure, reflecting concerns over the decline in U.S. tech stocks.
In the U.S. market the previous day, tech stocks continued to be pressured by profit-taking selling. Arm Holdings, a subsidiary of the company, dropped more than 5%. Additionally, Oracle, which is implementing the large-scale AI investment project 'Project StarGate' together with the company, released its earnings after the market close. Although Oracle’s Q4 (June–August) revenue and profits were solid, its after-hours shares tumbled nearly 11% due to concerns about financial deterioration after it revealed AI-related investments significantly exceeding expectations.
These developments have dampened sentiment, prompting continued selling of the company's stock.
<Special Quote Indication> Kioxia, SoftBank, and Fujikura showing sell indications
In addition,$Furukawa Electric (5801.JP)$and$Lasertec (6920.JP)$ 、 $Fujikura (5803.JP)$ 、 $Hitachi (6501.JP)$ The selling pressure is increasing.
On the other hand, $NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund (1357.JP)$ has attracted the largest buy order today at 4.02 billion yen (sell orders amount to 810 million yen), lifting its special buying interest higher. $Simplex WTI ETF (1671.JP)$and$SIMPLEX VIX Short-Term Futures ETF (318A.JP)$ Buy orders far exceed sell orders, creating the possibility that the stock may be bought up to the upper limit.
In addition,$Pan Pacific International Holdings (7532.JP)$and$Rakuten Bank (5838.JP)$ 、 $Kobe Bussan (3038.JP)$ Special buy signals are also being lifted.
As of 9:03:27 AM JST on June 11, there are 22 issues under special buying interest and 164 under special selling interest, with the number of stocks under selling pressure far exceeding those under buying interest.
which plunged sharply the previous day, $Kioxia Holdings (285A.JP)$ has again topped the market in sell orders today with 50.1 billion yen (buy orders stand at 45.5 billion yen), pushing its special selling interest lower. $NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund (1570.JP)$and$SoftBank Group (9984.JP)$ Sell orders far exceed buy orders, potentially driving the stock down to its daily limit through a lowered selling indication.In addition,$Furukawa Electric (5801.JP)$and$Lasertec (6920.JP)$ 、 $Fujikura (5803.JP)$ 、 $Hitachi (6501.JP)$ The selling pressure is increasing.
On the other hand, $NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund (1357.JP)$ has attracted the largest buy order today at 4.02 billion yen (sell orders amount to 810 million yen), lifting its special buying interest higher. $Simplex WTI ETF (1671.JP)$and$SIMPLEX VIX Short-Term Futures ETF (318A.JP)$ Buy orders far exceed sell orders, creating the possibility that the stock may be bought up to the upper limit.
In addition,$Pan Pacific International Holdings (7532.JP)$and$Rakuten Bank (5838.JP)$ 、 $Kobe Bussan (3038.JP)$ Special buy signals are also being lifted.
![Good morning, moomoo users![Rose]Here is the overview of this morning’s opening. Thank you for your attention. Market Overview On the 11th, the Nikkei Average plunged sharply again. Driven by a significant drop in U.S. equities and reports of a U.S. attack on Iran, the index opened well below the 64,000 level, starting in the 63,300 range. With many major stocks under heavy selling pressure, the decline quickly widened to four digits, easily breaching the key 63,000 mark. However, as the drop expanded beyond 1,800 points into the 62,300 range, selling pressure began to ease. $Kioxia Holdings (285A.JP)$ has moved into positive territory, showing aggressive buying momentum, and prices have modestly recovered recently. By sector, mining, food products, and shipping are advancing, while non-ferrous metals, machinery, and transport equipment are declining. A securities firm upgraded its investment rating on $Takashimaya (8233.JP)$ rises sharply. On the other hand...](https://sgsnsimg.moomoo.com/sns_client_feed/181569713/20260611/web-1781136515355-G9zwDaqZuN.webp/big?area=105&is_public=true&imageMogr2/ignore-error/1/format/webp)
Source: MINKABU, Trader's Web, Fisco, Stock Newspaper, Jiji Press
-moomoo News Joy
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