[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38782.08; -138.18
TOPIX; 2742.66; +5.12
[Backstage Investment Strategy]
The exchange rate is 155 yen 80 yen per dollar, and the depreciation of the yen is progressing by about 40 yen and the appreciation of the dollar is progressing by about 40 yen. At around 10:00, a government bond purchase operation (open market operation) carried out by the Bank of Japan was notified. There was speculation in the market that government bond purchases would be further reduced, but since the planned purchase amount was made the same as last time, the trend of selling yen and buying dollars intensified after notification from the Bank of Japan. The current depreciation of the yen is a strong factor for automobile-related brands such as Toyota's own ＜7203＞, and TOPIX has an advantage. It depends on Tokyo Electron ＜8035＞, but if the depreciation of the yen intensifies one step further, there is a possibility that the Nikkei Average will gradually reduce the decline in the late-stage market.