[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38533.09; +177.03
TOPIX; 2739.45; +8.50
[Snuggle Overview]
The Nikkei Average on the 15th continued to rise to 38533.09 yen, which rose 177.03 yen, and trading began. The US stock market rose on the 14th the day before. The Dow average closed at 39558.11 dollars, which was 126.60 dollars higher, and the NASDAQ closed at 16511.18, which was 122.94 points higher. We received the April Producer Price Index (PPI), which exceeded expectations, and there were mixed feelings. Growth was sluggish due to the recession in interest rate cut observations, but Chairman Powell of the Federal Reserve (Fed) showed an attitude of leaving inflation unchanged at high interest rates at the event, but he re-stated that he did not anticipate the possibility of interest rate hikes, and furthermore, speculation of a slowdown in the April Consumer Price Index (CPI) became buying material, and the market price rose. Due to the decline in long-term interest rates, it was bought by high-tech centers in particular, which further boosted the market price. The lift range expanded at the end of the game, and the NASDAQ ended at a record high.
Buying took precedence in the Tokyo stock market today. Long-term US interest rates fell in overseas markets yesterday, and the rise in major indices in the US stock market supported stock prices in the Tokyo market. Also, the fact that the yen exchange rate has calmed down, with 1 dollar = 156 yen 50 yen in the foreign exchange market, also gave me a sense of security in the Tokyo market. Furthermore, major companies have continued to announce financial results for the fiscal year ending March 31 until today, and continued good financial results and motivation to search for high-performing stocks have become factors underpinning stock prices. Meanwhile, in the Nikkei Average, the 25-day moving average located in the 38400 yen range and the 75-day moving average around 38500 yen became upper resistance lines, and there was a view that there was not much room for an increase from here on out. Also, in the US, following the April Producer Price Index (PPI) announcement yesterday, the April Consumer Price Index (CPI) will be announced tonight, so there was also a tendency to forego aggressive purchases in order to determine this, but buying was dominant during the contract stage.
By sector, pulp and paper, rubber products, transportation equipment, electrical equipment, mining, etc. are at the top of the price increase rate, while the insurance industry, petroleum and coal products, real estate industry, warehousing and transport-related industries, shipping industries, etc. line up at the top of the price drop rate. At the top trading prices on the Tokyo Stock Exchange Prime, Isetan Mitsukoshi ＜3099＞, Nexon ＜3659＞, Termo ＜4543＞, Sony G ＜6758＞, Mitsui E&S ＜7003＞, Resona HD ＜8308＞, SUBARU ＜770＞, Advantest ＜6857＞, IHI ＜7013＞, East Elec ＜8035＞, Mitsubishi Shigeru ＜7011＞, Suzuki ＜7269＞, Kasumigaseki Capital ＜3498＞, TEPCO <9501＞ ONEXT< 6526 > etc. have risen. Meanwhile, Dentsu Group ＜4324＞, Ebara ＜6361＞, Nitori HD ＜9843＞, Rakuten Group ＜4755＞, Kawasaki Ships ＜9107＞, MOL ＜9104＞, Nintendo ＜7974＞, SMC ＜6273＞, Tokio Marine ＜8766＞, NTT ＜9432＞, KDDI ＜9433＞, SoftBank G ＜9984＞, etc. have declined.