[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38312.66; +377.90
TOPIX; 2713.83; +27.35
[Snuggle Overview]
The Nikkei Average on the 30th continued to rise to 38312.66 yen, which rose 377.90 yen, and trading began. The Dow average rose by 153.86 dollars and the NASDAQ rose 316.14 points in the US stock market on the 26th of the previous weekend during the Tokyo market's three-day holiday. The market was supported by purchases that were favorable to major high-tech enterprise financial results, and purchases that favored long-term interest rate declines without alarming results even though the March Core PCE Price Index exceeded expectations. Yesterday, the Dow average rose by 146.43 dollars to 38386.09 dollars, and the NASDAQ closed at 15983.09, which rose 55.19 points. Expectations for corporate financial results scheduled for this week became a buying factor, and the recovery of Apple (AAPL) and Tesla (TSLA) also led high technology.
Buying took precedence in the Tokyo stock market today. During the Tokyo market's 3 consecutive holidays, the fact that major indices rose in the US stock market for 2 days last weekend, 26th and yesterday 29th, supported the stock price of the Tokyo market. Above all, the Nasdaq Composite Index, which has a high high-tech stock ratio, rose 2.38% in 2 days, and the Philadelphia Semiconductor Stock Index (SOX Index) composed of major semiconductor-related stocks also rose 3.27%, and the rate of increase was larger than the Dow average (0.79% rise in 2 days), which was a stock price support factor for high-tech stocks and semiconductor-related stocks in the Tokyo market. Meanwhile, the yen exchange rate fluctuated yesterday, and observations of exchange intervention by the Bank of Japan also surfaced, leading to a sense of caution in the market. Also, in addition to the fact that this week's Tokyo market transactions are only for 3 days, in addition to the US Federal Open Market Committee (FOMC) being held from 30th to 5/1, there was also an announcement of US employment statistics for April on the 3rd, and there was also a tendency to forego aggressive purchases in order to determine these, but buying dominated during the contract stage. Note that the complete unemployment rate (seasonally adjusted value) for March, which was announced before the start of trading, was 2.6%, which was flat compared to the previous month. The median market forecast compiled by QUICK was 2.5%. Also, the ratio of effective job offers in March (seasonally adjusted value) was 1.28 times, up 0.02 points from the previous month. The median market forecast compiled by QUICK was 1.26 times higher. The preliminary industrial production index (seasonally adjusted) value for March, which was also announced before the start of trading, was up 3.8% from the previous month. The median private sector forecast compiled by QUICK was up 3.5% from the same period.
By sector, the shipping industry, precision equipment, real estate business, wholesale business, transportation equipment, etc. have a high price increase rate, and air transportation, mining, banking, fisheries/agriculture and forestry are falling in price. Hitachi ＜6501＞, Komatsu ＜6301＞, Sakura ＜3778＞, Daiichi Sankyo ＜4568＞, Yusen ＜9101＞, Nidec ＜6594＞, Kawasaki Line ＜9107＞, Marubeni ＜8002＞, Toelec ＜8035＞, Honda ＜7267＞, ITOCHU ＜8001＞, Mitsui Mono ＜8031＞, Daikin ＜6367＞, Fast Lite ＜9983＞, etc. have risen. Meanwhile, M3 ＜2413＞, Advantest ＜6857＞, TDK ＜6762＞, OLC ＜4661＞, ANA ＜9202＞, Denso ＜6902＞, Mitsui E&S ＜7003＞, Mitsubishi UFJ ＜8306＞, Nomura ＜8604＞, Mizuho ＜8411＞, Renesas ＜6723＞, Sumitomo Mitsui ＜8316＞, Lasertech ＜6920＞, etc. have declined.