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Tokyo Market Summary: The Nikkei Stock Average continues to fall slightly and fluctuates when the Bank of Japan “falls off the ladder”

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moomooニュース日本株 wrote a column · Mar 12 01:22
Tokyo Market Summary: The Nikkei Stock Average continues to fall slightly and fluctuates when the Bank of Japan “falls off the ladder”
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 38797.51 yen, 22.98 yen lower than the previous business day
●The Nikkei average of 500 yen per hour swings when the Bank of Japan “removes the ladder”
● Short-term interest rates “can be controlled” by utilizing interest on current accounts = Bank of Japan Governor
● Bank of Japan's March negative interest rate cancellation forecast surged, almost two minutes from April - survey
● Attention to the handle: $Toho(9602.JP)$ $SIOS(3744.JP)$ $Laboro AI(5586.JP)$etc
-MooMoo News Japan Stock Zeber

Market Overview
Today's Nikkei Stock Average ended at 38797.51 yen, 22.98 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2657.24, 9.59 points lower.
Top news
The Nikkei average of 500 yen per hour fluctuates when the Bank of Japan “removes the ladder”
The Nikkei Stock Average continued to fall in the Tokyo Stock Exchange on the morning of the 12th, and the decline exceeded 500 yen at one point in the morning. In addition to the headwinds of depreciation in US high-tech stocks and a strong yen trend in the foreign exchange market, the fact that the Bank of Japan did not buy ETFs (exchange-traded funds) even if stock prices plummeted the day before on this day caused agitation among market participants. The Japanese stock market is entering a time of “standing alone” from the Bank of Japan, which has supported the exchange rate for many years.

Short-term interest rates “can be controlled” by utilizing interest on current accounts = Bank of Japan Governor
Bank of Japan Governor Ueda Kazuo stated at the House of Councillors Finance Committee on the 12th that it is possible to control short-term interest rates by utilizing interest on Bank of Japan current accounts, etc. Response to Committee Member Hitoshi Asada (Restoration).

Bank of Japan's March negative interest rate cancellation forecast surged, almost two minutes from April - survey
The forecast for March is rapidly increasing as to when the Bank of Japan will lift negative interest rates. Although economists as seen in April continue to exceed the majority, it is now almost split in half.

The yen fell to the middle of the 147 yen range against the dollar, and the March revised observations receded due to Bank of Japan governor's remarks
The yen exchange rate of the Tokyo Foreign Exchange Market fell to the middle of the $1 = 147 yen range on the 12th. In response to Bank of Japan Governor Ueda Kazuo referring to weakness in private consumption, negative cancellation observations at next week's monetary policy meeting have receded, and yen has been sold back.
Bond futures turned to a temporary rise, and there is a sense of security that they passed the 5-year bond bid safely
Futures temporarily began to rise in the bond exchange rate on the 12th. While there are strong observations that the Bank of Japan will decide to lift the negative interest rate policy or abolish yield curve control (long and short interest rate operation, YCC) at the monetary policy meeting to be held on the 18th and 19th, 5-year government bond bidding was a safe result, and the buyback movement intensified.

Notable stocks
Higher evaluation than Lexus, Tesla and Mercedes - driver assistance system safety
The American Highway Safety Insurance Association (IIHS), one of the safety evaluation organizations receiving the most attention in the automobile industry, tested the driver support systems of automobile manufacturers. $Toyota Motor(7203.JP)$ The system mounted on the sedan “Lexus LS” was the only one of the 14 systems tested by IIHS and was evaluated as “acceptable (acceptable).” The IIHS judged 11 systems to be “poor (poor),” and among them $Tesla(TSLA.US)$ Systems from Mercedes-Benz Group and Volvo Cars are included.

Toho - sharp rise in February box office revenue 80% “Haikyu the Movie!! Contributions such as “The Battle for the Garbage Dump”
$Toho(9602.JP)$ has skyrocketed. The company announced the box-office revenue bulletin for the February film sales division on the 11th. Box office revenue for the same month was approximately 9.14 billion yen (up 79.9% from the same month last year). The main work in operation is “Haikyu the Movie!! “Demon Slayer: Battle at the Garbage Dump,” “Demon Slayer: The Miracle of Bonds, and to Hashira Practice,” “Kimi to the Day the World Ends FINAL,” and “Golden Kamui.”

AI-related stocks have rebounded rapidly across the board and S is high one after another, inducing short sales and buybacks due to the transition to the rebound phase ◇
$SIOS(3744.JP)$ $Kudan(4425.JP)$ There is a sign that the stop is high, and Laboro. $Laboro AI(5586.JP)$ Also temporarily raised to the upper limit of the price range limit, etc. $Digital Media Professionals(3652.JP)$ $Headwaters(4011.JP)$ Things related to artificial intelligence (AI) have turned to a sharp rebound across the board, etc. In the market, “AI-related stocks that have shown this rapid rise have collapsed in price across the board due to rapid profit-taking movements, but recently short sales, including procurement in the stock loan market, have been observed. The immediate future is changing to a development where there is a rebound across the board due to that buyback” (internet securities strategist). There is a situation where the short line, which was set up around AI-related stocks with many unbought stocks that were skipped in price, has been fixed up and forced to be bought back.

Distributor: Bloomberg, Nihon Keizai Shimbun, Jiji Press, QUICK Money World, Traders WebReuters
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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