[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 39232.16; +162.48
TOPIX; 2773.23; +5.19
[Snuggle Overview]
The Nikkei Average on the 21st continued to rise 162.48 yen to 39232.16 yen, and trading began. The US stock market the day before, on the 20th, was mixed. The Dow Average closed at 39806.77 dollars, down 196.82 dollars, and the Nasdaq closed at 16794.88, 108.91 points higher. Expectations for interest rate cuts have receded, and after getting close, things have been mixed. Since several senior Federal Reserve (Fed) officials were still uncertain that inflation would reach the 2% target sustainably and showed a cautious attitude of maintaining interest rates for the time being, the upper price was suppressed by rising long-term interest rates. The Dow was pushed by profit-taking sales from around 40,000 dollars, which is a milestone, and turned into a decline, and the decline widened towards the end of the game. Meanwhile, the rise in semiconductor NVIDIA (NVDA), which is scheduled to announce quarterly financial results this week, led the NASDAQ to rise and hit a record high. The main indices ended with mixed results.
Buying took precedence in the Tokyo stock market today. The Dow average fell in the US stock market yesterday, but the rise in the Nasdaq Composite Index, which has a high high-tech stock ratio, and the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, supported the stock prices of high-tech stocks and semiconductor-related stocks in the Tokyo market. Also, the 1 dollar = 156.30 yen range in the foreign exchange market and the fact that the yen depreciated and the dollar depreciated by about 60 yen compared to around 15:00 yesterday became a supporting factor for stock prices such as export stocks in the Tokyo market. Furthermore, since yesterday's Nikkei Average remained above the 25-day moving average and the 75-day line throughout the day, there was also a view that the market continued to rebound moderately. Meanwhile, the fall in the Dow Jones Industrial Average yesterday weighed on stock prices in the Tokyo market. Also, there was a tendency to forego aggressive purchases in order to determine the financial results of the US semiconductor NVIDIA, which will be announced before dawn on the 23rd Japan time, but purchases prevailed during the donation stage.
By sector, insurance, transportation equipment, glass earth and stone products, precision instruments, nonferrous metals, etc. are at the top of the price increase rate, while banking, mining, petroleum and coal products, real estate, textile products, etc. line up at the top of the price drop rate. At the top trading prices on the Tokyo Stock Exchange Prime, MS&AD ＜8725＞, Tokio Marine ＜8766＞, SHIFT ＜3697＞, Fujikura ＜5803＞, Murata ＜6981＞, Recruit HD ＜6098＞, DISCO ＜6146＞, Hokkai Electric Power ＜9509＞, Olympus ＜7733＞, TEPCO HD＜9501＞, Denso ＜6902＞, Advantest ＜6857＞, Marubeni ＜8002＞, Hitachi ＜6501＞, Lasertech ＜6920＞, etc. has risen. Meanwhile, SOMPO ＜8630＞, Resona HD ＜8308＞, Daikin ＜6367＞, Mizuho ＜8411＞, Socionext ＜6526＞, TOWA ＜6315＞, KDDI ＜9433＞, Kobe Steel ＜5406＞, INPEX ＜1605＞, Mitsubishi UFJ ＜8306＞, Sumitomo Mitsui ＜8316＞, Mitsui E&S ＜7003＞, Kasumigaseki Capital ＜3498＞, etc. have declined.