[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38823.91; -123.02
TOPIX; 2753.93; -5.79
[Snuggle Overview]
The Nikkei Average on the 22nd continued to fall to 38823.91 yen, which depreciated 123.02 yen, and trading began. The US stock market rose the day before, on the 21st. The Dow average rose by 66.22 dollars to 39872.99 dollars, and the NASDAQ closed at 16832.63, which rose 37.75 points. Since senior Federal Reserve (Fed) officials repeated the attitude of leaving policy interest rates unchanged for the time being, they fell after being close. At the same time, the market price began to rise due to the view that there was little possibility of interest rate hikes and purchases that favored retail settlement. High-tech was supported by a decline in long-term interest rates, and was bought by expectations for semiconductor NVDA (NVDA) settlement, and the market price increase widened towards the end of the market, and the NASDAQ ended at a record high.
Sales took precedence in the Tokyo stock market today. The three major indices (Dow Average, NASDAQ Composite Index, S&P 500) rose in the US stock market yesterday, but the fall in the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, weighed on stock prices in the Tokyo market. Also, there was a trend of continuing to forego aggressive purchases because they wanted to determine NVIDIA's financial results to be announced before dawn on the 23rd Japan time. Meanwhile, yesterday's rise in the three major indices in the US stock market supported stock prices in the Tokyo market. Also, the Nikkei Average fell yesterday, but as of yesterday, the upward market continues with the 75-day moving average located in the 38600 yen range as of yesterday as a lower price support line, and there was also a view that the lower price was limited, but sales dominated during the contract stage. Note, according to the machine order statistics for March announced before the start of trading, the order amount (seasonally adjusted) for “private demand excluding ships and electricity,” which is a leading indicator of private capital investment, increased 2.9% from the previous month. The median private sector forecast compiled by QUICK was down 1.6%. The trade balance for April, which was also announced before the start of trading, was in deficit of 462.5 billion yen. The median private sector forecast compiled by QUICK was in deficit of 339.5 billion yen.
By sector, mining, shipping, real estate, chemicals, petroleum and coal products, etc. are at the top of the price drop rate, while securities commodity futures, insurance, banking, electricity/gas, steel, etc. line up at the top price increase rate. Kubota ＜6326＞, Mitsui Fumu ＜8801＞, Screen HD ＜7735＞, Cosmos Pharmaceutical ＜3349＞, Shin-Etsu Chemical ＜4063＞, Socionext ＜6526＞, First Lite ＜9983＞, HOYA ＜7741＞, Advantest ＜6857＞, Sumitomo Sho ＜8053＞, East Elec ＜8035＞, Daiichi Sankyo ＜4568＞, Nitori HD ＜9843＞, etc. declined. Meanwhile, Kobe Steel ＜5406＞, Nidec ＜6594＞, Hokkai Electric Power ＜9509＞, Isetan Mitsukoshi ＜3099＞, TEPCO HD ＜9501＞, Daikin ＜6367＞, NTT ＜9432＞, SoftBank G＜9984＞, Hitachi ＜6501＞, TOWA ＜6315＞, Fujikura ＜5803＞, Mitsubishi UFJ ＜8306＞, etc. are rising.