The Nikkei Average rebounded slightly. The front-end transaction was closed at 38199.10 yen (estimated turnover of 990 million shares), which was 19.64 yen higher (+0.05%) compared to the previous day.
The US stock market on the 13th was mixed. The Dow average closed at 39431.51 dollars (-0.21%), the Nasdaq was 47.37 points higher (+ 0.29%) at 16388.24, and the S&P 500 closed at 5221.42, which was 1.26 points lower (-0.02%). It rose after being close to deep-seated expectations of interest rate cuts. After that, expectations of interest rate cuts receded in response to a rise in inflation expectations from the NY Fed in April, and the exchange rate stalled. Furthermore, sales that were wary of the consumer price index (CPI), which is scheduled to be announced on the 15th, also became heavy, and the Dow began to decline, and the decline widened until the end of the game. High-tech was supported by the rise in Apple and NVIDIA, which is preparing financial results, and the decline in interest rates paid off and maintained a positive zone, and ended in various ways.
Although US stocks were mixed, the Tokyo market started trading with a slight buying advantage due to the fact that the Philadelphia Semiconductor Stock Index (SOX Index) was solid, etc. The Nikkei Average widened its range of increase and rose to 38477.68 yen, but the 25-day moving average line and the 75-day moving average were perceived as upper resistance lines, and the increase narrowed. The fact that Japan's 10-year bond yield rose to 0.965% also had an effect, and it continues to be in a position where there is little sense of direction, such as temporarily entering a negative zone compared to the previous day.
Among stocks adopted by the Nikkei Average, Furukawa Electric (5801), which announced good financial results, skyrocketed, and it was announced that net profit for the current fiscal year was expected to increase 16% from the previous fiscal year, and the Obayashi Group (1802) rose drastically. Also, TOPPAN (7911), which announced the establishment of a stock repurchase quota with an upper limit of 100 billion yen, was also bought. In addition, Mercari ＜4385＞, Suzuki ＜7269＞, Yamaha Motor ＜7272＞, and Dai Nippon Printing ＜7912＞ have risen.
Meanwhile, in addition to Tosoh ＜4042＞ being sold due to disgust with financial results, the Daiwa Stock Exchange G (8601), which announced investment in Aozora Bank ＜8304＞, was also drastically weak. In addition, Nissan Chemical (4021), Chugai Pharmaceutical (4519), Fujikura (5803), and Mitsui Gold (5706) became dominant in sales.
By industry, while other products, shipping industry, service industry, land transportation industry, transportation equipment, etc. rose, the securities/commodity futures business, insurance industry, rubber products, glass/earth products, petroleum/coal products, etc. declined.
Financial results announcements will peak today and tomorrow, so let's continue to be interested in financial statements stocks that will be announced during trading hours in the future. At 12:00, Kashima ＜1812＞, Yokoo ＜6800＞, and at 13:00, NISSUI ＜1332＞, Matsui Kensetsu ＜1810＞, Oji HD ＜3861＞, ADEKA ＜4401＞, Sumitomo Pharma ＜4506＞, ENEOS ＜5020＞, Tsugami ＜6101＞, Daido Metal ＜7245＞, and Morinaga Milk Industry ＜1965＞ 2264 >, Hama Rubber ＜5101＞, Yakult ＜2267＞, Gunze ＜3002＞, Sumitomo Osaka Cement ＜5232＞, Komai Haltec ＜5915＞, Menicon ＜7780＞, etc. are planned.