“Chicago Nikkei Average Futures (CME)” (26th)

JUN24

O 37840 (in dollars)

H 38435

L 37595

C 38390 large margin +490 (evening ratio +40)

Vol 10542

JUN24

O 37875 (in yen)

H 38410

L 37565

C 38365 big exchange ratio +465 (evening ratio +15)

Vol 34961

“American Depositary Receipts Overview (ADR)” (26th)

In the ADR market, in comparison with the Tokyo Stock Exchange (equivalent to 158.33 yen per dollar), Mitsubishi Electric (6503), Komatsu ＜6301 ＞, Mitsui Trust ＜8309＞, Renesas ＜6723＞, SUBARU ＜770＞, Denso ＜6902＞, Nissan's (7201), etc. rose, and general buying advantage.

Code stock name closing price compared to previous day Japanese yen conversion price Japanese closing price ratio

7203 (TM) TOYOTA 226.71 1.35 3589 79

8306 (MUFG) Mitsubishi UFJ 9.91 -0.15 1569 16.5

6758 (SONY) Sony G 82.33 -0.11 13035 265

9432 (NTTYY) NTT 26.74 -0.42 169 0.8

9983 (FRCOY) Fast Retay 26.52 -0.11 41988 598

8316 (SMFG) Sumitomo Mitsui 11.22 -0.16 8882 95

9984 (SFTBY) SoftBank G 24.98 0.43 7910 128

6954 (FANUY) FANUC 14.52 0.20 4598 70

8031 (MITSY) Mitsui Mono 971.93 21.28 7694 175

8001 (ITOCY) ITOCHU 88.94 0.38 7041 143

7974 (NTDOY) Nintendo 12.25 0.36 7758 109

8766 (TKOMY) Tokio Marine HD 31.57 0.70 4998 96

7267 (HMC) Honda 33.85 0.20 1786 35.5

6902 (DNZOY) Denso 17.86 -0.03 2828 71

8411 (MFG) Mizuho FG 3.85 -0.04 3048 50

7741 (HOCPY) HOYA 116.84 -0.65 18499 159

6503 (MIELY) Mitsubishi Electric 32.38 1.71 2563 170

6702 (FJTSY) Fujitsu 15.62 -0.95 2473 47.5

5108 (BRDCY) Bridgestone 21.63 0.13 6849 124

8053 (SSUMY) Sumitomo Corporation 25.23 0.51 3995 86

6723 (RNECY) Renesas 8.26 0.01 2616 76.5

8002 (MARUY) Marubeni 174.50 1.60 2763 57

6301 (KMTUY) Komatsu 27.98 0.62 4430 166

4901 (FUJIY) FUJIFILM 10.61 -0.03 3360 32

8591 (IX) oryx 102.56 0.07 3248 60

8802 (MITEY) Ryojisho 18.10 0.49 2866 58.5

2802 (AJINY) Ajinomoto 37.28 0.86 5903 128

8604 (NMR) Nomura HD 5.82 0.01 921 6.8

1925 (DWAHY) Yamato House 27.95 0.54 4425 75

8267 (AONNY) AEON 20.92 -0.13 3313 25

6762 (TTDKY) TDK 43.97 -2.50 6962 -350

9735 (SOMLY) SECOM 17.44 -0.20 11045 105

7270 (FUJHY) SUBARU 10.80 0.31 3420 98

8309 (SUTNY) Mitsui Trust 4.25 0.01 3365 106

1928 (SKHSY) SEKISUI HOUSE 22.85 -0.34 3618 77

7201 (NSANY) Nissan since 7.10 0.08 562 13

2503 (KNBWY) giraffe 14.57 -0.08 2308 35

6988 (NDEKY) Nittoden 43.51 -1.19 13778 -477

5802 (SMTOY) Sumitomo Electric 15.20 -0.02 2407 37.5

4911 (SSDOY) Shiseido 26.77 -0.31 4239 43

1812 (KAJMY) Kashima 18.82 -0.65 2980 21

3407 (AHKSY) Asahi Kasei 13.65 -0.02 1081 13

9202 (ALNPY) ANA 3.85 -0.01 3048 -12

7202 (ISUZY) ISUZU 12.51 0.17 1981 31.5

7912 (DNPLY) Dainichi Seal 14.57 0.13 4614 59

5201 (ASGLY) AGC 7.22 -0.04 5716 -45

6361 (EBCOY) Ebara 41.54 0.77 13154 234

6586 (MKTAY) Makita 27.18 0.42 4303 95

3402 (TRYIY) Toray 8.94 0.00 708 5.2

4704 (TMIC) trend 49.60 -0.23 7853 75

(Top 50 by market capitalization, converted to 158.33 yen per dollar)

“Top 5 ADR Growth Rate Stocks” (26th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

6503 (MIELY) Mitsubishi Electric 32.38 2563 170 7.10

6301 (KMTUY) Komatsu 27.98 4430 166 3.89

8309 (SUTNY) Mitsui Trust 4.25 3365 106 3.25

6723 (RNECY) Renesas 8.26 2616 76.5 3.01

7270 (FUJHY) SUBARU 10.80 3420 98 2.95

“Top 5 ADR Decline Rate Stocks” (26th)

Code stock name closing price Japanese yen conversion price Japanese closing price ratio (%)

6762 (TTDKY) TDK 43.97 6962 -350 -4.79

6988 (NDEKY) Nittoden 43.51 13778 -477 -3.35

6952 (CSIOY) Casio 80.75 1279 -20 -1.54

6471 (NPSKY) Nissei 10.68 845 -6.8 -0.80

5201 (ASGLY) AGC 7.22 5716 -45 -0.78

“US Stock Market Overview” (26th)

NYDOW

Closing price: 38239.66 Compared to the previous day: 153.86

Opening Price: 38114.70 High Price: 38337.64 Low Price: 38065.05

Year-to-date high: 39807.37 year-to-date low: 37266.67

Previous year high: 37710.10 Previous year low price: 31819.14

Nasdaq

Closing price: 15927.90 compared to the previous day: 316.14

Opening Price: 15821.33 High Price: 15981.00 Low Price: 15770.72

Year-to-date high: 16442.20 year-to-date low: 14510.30

Previous year high: 15099.18 Previous year low price: 10305.24

S&P 500

Closing price: 5099.96 compared to the previous day: 51.54

Opening Price: 5084.65 High Price: 5114.62 Low Price: 5073.14

Year-to-date high: 5254.35 year-to-date low: 4688.68

Previous year high: 4783.35 Previous year low price: 3808.10

US 30-year government bonds 4.775% US 10-year government bonds 4.663%

The US stock market rebounded. The Dow average closed at 38,239.66 dollars, which rose 153.86 dollars, and the NASDAQ rose 316.14 points to 15,927.90.

It rose after coming close to purchases that were favorable to major high-tech enterprise financial results announced after closing yesterday. Although the March core PCE price index, which the Federal Reserve (Fed) places importance on as an inflation indicator, exceeded expectations, there were no alarmed results, and purchases that favored the decline in long-term interest rates also intensified, and the market remained steady throughout the day, led by high technology. The increase was extended until the end of the game, and it was over. By sector, while media/entertainment, semiconductors/manufacturing equipment rose, insurance weakened slightly.

Alphabet (GOOG), which operates the search company Google, exceeded expectations due to cloud growth contributed by AI (artificial intelligence) in quarterly financial results, and announced additional stock repurchases and cash dividend commencement plans, and continued growth. The software manufacturer Microsoft (MSFT) was also boosted by strong AI demand, and sales and profits exceeded expectations in quarterly financial results, and rose.

The pharmaceutical company Pfizer (PFE) rose when the Food and Drug Administration (FDA) approved the company's bleeding disorder treatment drug. The photo/video sharing application SNAP (SNAP) has financial results, and the sales forecast for the 2nd quarter exceeded expectations due to strong sales in the advertising business, and rose. Shoe manufacturer Sketchers (SKT) raised its full-year earnings forecast in addition to profit for the first quarter exceeding expectations, and was bought. The oil and natural gas production company Exxon (XOM)'s adjusted earnings per share fell below expectations in the first quarter financial results. The outlook for the second quarter of the semiconductor Intel (INTC) was poor, and was sold.

The VIX Index, which shows investors' fears, fell to a level of 14.92 in the middle of this month.

(Horiko Capital Management LLC)