[Nikkei Stock Average TOPIX (table)]
Nikkei Average; 38803.13; +186.03
TOPIX; 2742.69; +5.33
[Snuggle Overview]
The Nikkei Average on the 23rd rebounded to 38803.13 yen, which rose 186.03 yen for the first time in 3 days, and trading began. The US stock market fell the day before, on the 22nd. The Dow average closed at 39671.04 dollars, down 201.95 dollars, and the Nasdaq closed at 16801.54, which fell 31.09 points. Ahead of the Federal Open Market Committee (FOMC) agenda summary and semiconductor NVDA (NVDA) financial results announcements, wait-and-see signs intensified, and they came close with small movements. In the FOMC agenda summary for the previous session announced by the Federal Reserve (Fed), the attitude of maintaining policy interest rates at a high level over an even longer period of time was re-expressed, and it became clear that there were also participants who supported additional tightening if necessary, and sales were spurred by a retreat in interest rate cut expectations. The NASDAQ was pushed by profit-making sales from near record highs, but expectations for NVIDIA financial results were strong, and the decline narrowed towards the end of the game and ended.
Buying took precedence in the Tokyo stock market today. While the three major indices (Dow Average, NASDAQ Composite Index, S&P 500) fell in the US stock market yesterday, the Philadelphia Semiconductor Stock Index (SOX Index), which consists of major semiconductor-related stocks, rebounded, and also received the US semiconductor NVIDIA financial results announced after the end of trading in the US stock market yesterday, and the company's shares were bought in overtime trading, which became a stock price support factor for semiconductor-related stocks etc. in the Tokyo market. Also, with 1 dollar = 156 yen 70 yen in the foreign exchange market, the fact that the yen exchange rate continues to be stable in the direction of depreciation of the yen and appreciation of the dollar became a sense of security in the Tokyo market. Meanwhile, the fall in the three major indices in the US stock market yesterday weighed on stock prices in the Tokyo market. Also, in addition to growing sentiment about domestic long-term interest rates, the fact that long-term US interest rates remained strong yesterday weighed on stock prices in the Tokyo market, but buying was dominant during the donation stage. Note, according to the status (weekly) of external and internal securities sales agreements, etc. announced before the start of trading, overseas investors overbought domestic stocks for 4 consecutive weeks on 5/12-18. The overpurchase amount was 248.1 billion yen.
By sector, precision instruments, electrical equipment, metal products, machinery, insurance industries, etc. are at the top of the price increase rate, and petroleum and coal products, mining, non-ferrous metals, construction, real estate, etc. are ranked at the top of the price drop rate. TOWA ＜6315＞, Sakura ＜3778＞, DISCO ＜6146＞, Advantest ＜6857＞, Socionext ＜6526＞, Lasertech ＜6920＞, Lhotse ＜6323＞, Nomura Micro ＜6254＞, Mitsui Marine ＜6269＞, Nidec ＜6594＞, Astellas Pharma ＜4503＞, Renesas ＜6723＞, and TOELEC ＜8035＞ have risen. Meanwhile, Sumitomo Mining ＜5713＞, ENEOS ＜5020＞, INPEX ＜1605＞, Otsuka HD ＜4578＞, Mitsubishi Estate ＜8802＞, Mitsubishi Corporation ＜8058＞, Mitsui E&S ＜7003＞, NTT ＜9432＞, Mitsui Corporation ＜8031＞, Sumitomo Corporation ＜8053＞, Skylark ＜3197＞, etc. have declined.