[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38065.91; -394.17
TOPIX; 2692.26; -18.47
[Snuggle Overview]
The Nikkei Average on the 25th fell 394.17 yen to 38065.91 yen for the first time in 4 days, and trading began. The US stock market the day before, on the 24th, was mixed. The Dow average closed at 38460.92 dollars, down 42.77 dollars, and the Nasdaq closed at 15712.75, which was 16.11 points higher. I liked the financial results of the semiconductor manufacturer Texas Instruments (TXN), and the semiconductor sector's buybacks accelerated, and then rose after being close. After that, the long-term interest rate rise based on the largest government bond bid ever carried out this week was warned and stalled, and the exchange rate temporarily fell. Towards the end of the market, the market picked up due to high tech buyouts, but the Dow did not reverse the decline, and the main indices ended with mixed highs.
Sales took precedence in the Tokyo stock market today. Since the Nikkei Average has been rising close to 1400 yen for 3 days until yesterday, it was easy for sales awaiting return to come out. Also, in addition to the fact that long-term US interest rates have remained high in overseas markets, since the results of the Bank of Japan monetary policy meeting will be announced tomorrow, there was also a tendency to forego aggressive purchases in order to determine this. Meanwhile, while the main indices were high and low in the US stock market yesterday, the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rose by more than 1%, which was a factor supporting the stock price of semiconductor-related stocks in the Tokyo market. Also, although a sense of caution against exchange intervention continues, the fact that 1 dollar = 155 yen 20 yen swings in the foreign exchange market and about 40 yen depreciation and dollar appreciation compared to around 15:00 yesterday supported stock prices such as export stocks in the Tokyo market. Furthermore, financial results announcements from major domestic and foreign companies were in full swing, and expectations for good financial results and good performance were factors supporting stock prices, but sales dominated during the donation stage. Note, according to the status (weekly) of external and internal securities sales agreements, etc. announced before the start of trading, overseas investors oversold domestic stocks for the first time in 3 weeks on 4/14-20. The oversales amount was 492.4 billion yen.
By sector, precision instruments, machinery, electrical equipment, mining, air transportation, etc. are at the top of the price drop rate, and the electric/gas industry and real estate industry are rising in price. FANUC ＜6954＞, Canon ＜7751＞, Chugai Pharmaceutical ＜4519＞, Rakuten Group ＜4755＞, Komatsu ＜6301＞, Socionext ＜6526＞, ToElec ＜8035＞, Fast Lite ＜9983＞, Lasertech ＜6920＞, Cyber ＜4751＞, HOYA ＜7741＞, Mitsubishi Heavy Industries ＜7011＞, Disco ＜6146＞, PanaHD ＜6752＞, etc. have declined. Meanwhile, Token Corporation ＜1766＞, Renesas ＜6723＞, Nomura Micro ＜6254＞, 7 & iHD ＜3382＞, Sumitomo Corporation ＜8053＞, Orbic ＜4684＞, Sumitomo Mitsui ＜8316＞, Sekisui House ＜1928＞, Sony G ＜6758＞, IHI ＜7013＞, etc. are rising.