Japanese ADR (American Depositary Securities) stocks fell in comparison with the Tokyo Stock Exchange (converted to 1 dollar 155.58 yen), Komatsu ＜6301＞, AGC ＜5201＞, Isuzu ＜7202＞, ANA ＜9202＞, Hishijisho ＜8802＞, Sumitomo Electric ＜5802＞, SECOM ＜9735＞, etc. fell, and overall sales were dominant. The Chicago Nikkei 225 futures settlement price is 37,665 yen, 55 yen higher than the Osaka daytime.

The US stock market declined. The Dow average closed at 38,085.80 dollars, which depreciated 375.12 dollars, and the NASDAQ fell 100.99 points at 15,611.76. It fell after falling close to sales that were concerned about a slowdown in growth due to a slowdown in gross domestic product (GDP) growth for the January-March fiscal year. At the same time, since growth in the price index for the same quarter accelerated more than expected, sales that were disgusted by long-term interest rate increases also strengthened. In high tech, sales that received meta's settlement also became heavy, and the Dow continued to decline as Caterpillar's decline pushed down. There was a soft trend throughout the day, but at the end of the day, the decline narrowed until the end of the game, supported by purchases expecting financial results from major companies, and ended.

The dollar and yen fell to 155 yen 33 yen in the New York foreign exchange market on the 25th, then rose to 155 yen 75 yen, and closed at 155 yen 64 yen. Since growth decelerated more than expected due to preliminary US GDP figures for the fiscal year ending 1-3 months, dollar sales became dominant. At the same time, in addition to the same period prices and the core PCE price index accelerating more than expected, the number of new unemployment insurance claims for the last week also unexpectedly declined from the previous time, and since the strength of the labor market was re-expressed, deferred observations of interest rate cuts intensified, leading to dollar purchases associated with rising long-term interest rates. After rising to 1.0739 dollars, the euro dollar fell to 1.0678 dollars, but closed at 1.0730 dollars.

NY crude oil futures rebounded for the 6 month period (NYMEX crude oil closing price for the 6 month period: 83.57 ↑ 0.76).

■Stocks with the highest ADR growth rate (25th)

＜6702＞ Fujitsu 16.57 dollars 2578 yen (95.5 yen) +3.85%

＜8309＞ Mitsui Trust 4.24 dollars 3298 yen (47 yen) +1.45%

＜7731＞ Nikon 10.7 dollars 1665 yen (23.5 yen) +1.43%

＜6471＞ Nisseiko 11.27 dollars 877 yen (12.3 yen) +1.42%

＜6723＞ Renesas 8.25 dollars 2567 yen (33 yen) +1.3%

■Stocks with lower ADR depreciation rate (25th)

＜6753＞ Sharp 1.29 dollars 803 yen (-17 yen) -2.07%

＜6301＞ Komatsu 27.36 dollars 4257 yen (-80 yen) -1.84%

＜5201＞ AGC 7.26 dollars 5646 yen (-78 yen) -1.36%

＜7202＞ Isuzu 12.34 dollars 1920 yen (-19.5 yen) -1.01%

＜9202＞ ANA 3.86 dollars 3003 yen (-29 yen) -0.96%

■Other ADR stocks (25th)

＜1925＞ Daiwa House 27.41 dollars 4264 yen (-19 yen)

＜1928＞ Sekisui House 23.19 dollars 3608 yen (10 yen)

＜2503＞ Kirin 14.65 dollars 2279 yen (7 yen)

＜2802＞ Ajinomoto 36.42 dollars 5666 yen (-20 yen)

＜3402＞ Toray $8.94 695 yen (-3.6 yen)

＜3407＞ Asahi Kasei 13.67 dollars 1063 yen (-5 yen)

＜4704＞ Trend $49.83 7753 yen (-16 yen)

＜4901＞ Fujifilm $10.64 3311 yen (-12 yen)

＜4911＞ Shiseido 27.08 dollars 4213 yen (-4 yen)

＜5108＞ Bridgestone 21.5 dollars 6690 yen (-21 yen)

＜5201＞ AGC 7.26 dollars 5646 yen (-78 yen)

＜5802＞ Sumitomo Electric 15.22 dollars 2367 yen (-13 yen)

＜6301＞ Komatsu 27.36 dollars 4257 yen (-80 yen)

＜6361＞ Ebara 40.77 dollars 12685 yen (50 yen)

＜6503＞ Mitsubishi Electric 30.67 dollars 2386 yen (-11 yen)

＜6586＞ Makita 26.76 dollars 4163 yen (2 yen)

＜6645＞ Omron $33.6 5227 yen (-2 yen)

＜6702＞ Fujitsu 16.57 dollars 2578 yen (95.5 yen)

＜6723＞ Renesas 8.25 dollars 2567 yen (33 yen)

＜6758＞ Sony G $82.44 $12826 yen (66 yen)

＜6762＞ TDK 46.47 dollars 7230 yen (14 yen)

＜6902＞ Denso 17.89 dollars 2783 yen (-3.5 yen)

＜6954＞ FANUC 14.32 dollars 4456 yen (1 yen)

＜6988＞ Nittoden 44.7 dollars 13909 yen (-11 yen)

＜7201＞ Nissan from 7.02 dollars 546 yen (-0.7 yen)

＜7202＞ Isuzu 12.34 dollars 1920 yen (-19.5 yen)

＜7203＞ Toyota 225.36 dollars 3506 yen (9 yen)

＜7267＞ Honda $33.65 1745 yen (-1 yen)

＜7270 ＞ SUBARU 10.49 dollars 3264 yen (-12 yen)

＜7741＞ HOYA 117.49 dollars 18279 yen (-26 yen)

＜7912＞ Dainichito 14.44 dollars 4493 yen (0 yen)

＜7974＞ Nintendo 11.89 dollars 7399 yen (-7 yen)

＜8001＞ ITOCHU 88.56 dollars 6889 yen (-20 yen)

＜8002＞ Marubeni 172.9 dollars 2690 yen (19.5 yen)

＜8031＞ Mitsui Mono 950.65 dollars 7395 yen (13 yen)

＜8053＞ Sumitomo Corporation 24.72 dollars 3846 yen (-11 yen)

＜8267＞ AEON 21.05 dollars 3275 yen (-17 yen)

＜8306＞ Mitsubishi UFJ 10.06 dollars 1565 yen (13.5 yen)

＜8309＞ Mitsui Trust 4.24 dollars 3298 yen (47 yen)

＜8316＞ Sumitomo Mitsui 11.38 dollars 8853 yen (57 yen)

＜8411＞ Mizuho FG 3.89 dollars 3026 yen (28 yen)

＜8591＞ ORIX $102.49 3189 yen (8 yen)

＜8604＞ Nomura HD 5.81 dollars 904 yen (3.8 yen)

＜8766＞ Tokio Marine HD 30.87 dollars 4803 yen (-4 yen)

＜8802＞ Ryojisho 17.61 dollars 2740 yen (-18.5 yen)

＜9202＞ ANA 3.86 dollars 3003 yen (-29 yen)

＜9432＞ NTT 27.16 dollars 169 yen (-0.4 yen)

＜9735＞ SECOM 17.64 dollars 10978 yen (-57 yen)

＜9983＞ Fast Retay $26.63 41431 yen (-109 yen)

＜9984＞ SoftBank G 24.55 dollars 7639 yen (36 yen)