The Nikkei Average rebounded. The forward transaction was closed at 37334.97 yen (estimated turnover of 870 million shares), 266.62 yen higher (+0.72%) compared to the previous business day.
The US stock market was mixed over the weekend. The Dow average closed at 37986.40 dollars, which was 211.02 dollars higher (+0.56%), the Nasdaq was 319.49 points lower (-2.05%) at 15282.01, and the S&P 500 closed at 4967.23 with a 43.89 point drop (-0.88%). Sales that were wary of the further tense situation in the Middle East, such as Iran arguing that Israel's retaliation attack against Iran was limited on a limited scale, retreated, and then rose after being close. In addition to continuing buybacks due to a sense of security, Dow remained steady throughout the day with purchases in response to expectations for major corporate financial results. Meanwhile, purchases, which were expected to cut interest rates due to high technology, retreated, and the NASDAQ fell drastically due to the decline in Netflix, which distributes videos. It ended in a mixed situation.
Since the situation in the Middle East became lull over the weekend, etc., excessive sense of caution receded, and the Tokyo market began trading due to a rebound. Amid the overall rise, the Nikkei Average started with a rebound and rose to the 37500 yen level, but since Tokyo Electron ＜8035＞ continued to drop drastically against the backdrop of investment judgment reduction observations, etc., there were also scenes where it temporarily fell into the negative zone compared to the previous business day. After that, it returned to the positive zone, but semiconductor stocks weighed and TOPIX had an advantage.
Among stocks adopted by the Nikkei Average, Nexon ＜3659＞ had a sharp rebound above last weekend's decline, and electric power stocks such as Kansai Electric Power (9503) and Chubu Electric Power (9502) are also strong. Also, Sumitomo Pharma ＜4506＞, Chugai Pharmaceutical ＜4519＞, Sumitomo Chemical ＜4005＞, Olympus ＜7733＞, and Seiko Epson ＜6724＞ were also bought.
Meanwhile, in addition to Tokyo Electron being weak, semiconductor stocks such as DISCO ＜6146 ＞, Socionext ＜6526＞, Screen HD ＜7735＞, Advantest ＜6857＞, and SUMCO ＜3436＞ have completely collapsed. In addition, SoftBank Group ＜9984＞ and Fujikura ＜5803＞ also have sales advantages.
By sector, while the electricity/gas industry, shipping industry, air transportation industry, securities/commodity futures trading industry, service industry, etc. rose, only the mining industry declined.
Tokyo Electron has continued to decline for 6 days, which is a factor in the current decline in the Nikkei Average. The Nikkei Semiconductor Stock Index, which began calculation on March 25, fell 6.24% last weekend to 10307.60 points. Since semiconductor stocks continued to completely collapse in the front field, there is a large probability that it will drop below 10,000 points. Since no financial products linked to this index have been created yet, it is a reference index, but since it is an industry leading the Tokyo market since January, investor sentiment is likely to deteriorate. Since materials that reduce the decline in semiconductor stocks have not been observed in particular, I think the backstage will also be in a position where TOPIX has an advantage.