At the closing time 30 days ago, the number of rising stocks for Nikkei average constituent stocks was 46, while the number of falling stocks was 176, and the number of unchanged stocks was 3.

The Nikkei average fell, ending the morning trading session at 38,101.24 yen (with an estimated trading volume of 0.76 billion shares), down 367.39 yen (-0.96%) from the previous day.

On the 29th, the US stock market was mixed. The Dow Jones Industrials Average fell 49.41 points (-0.12%) to 40,539.93, the Nasdaq rose 12.32 points (+0.07%) to 17,370.20, and the S&P 500 rose 4.44 points (+0.08%) to 5,463.54. Encouraged by good corporate earnings, buying continued after the opening, pushing the market up. However, with no major economic indicators announced and concerns about the upcoming Federal Open Market Committee (FOMC) meeting, the market lacked momentum and was pushed down by selling. The Nasdaq remained bottomed up, supported by strong expectations for earnings reports from major tech companies. Dow fell due to the recoil from a sharp rebound the previous day. The metal products, textiles & apparels, and banking sectors fell while the real estate and transportation equipment sectors rose.

While US stocks were mixed, the Tokyo market opened with a selling bias due to the recoil from the sharp rebound yesterday. Although the Nikkei average maintained the 38,000 yen level, the market remained cautious due to the Bank of Japan's monetary policy decision meeting being held from today until tomorrow, limiting the scope of buying the dips. The market gradually extended its decline, and more than 80% of all stocks on the Prime market declined, leading to an overall downward trend. Among the Nikkei average component stocks, Komatsu <6301> was sold due to the slowing growth of profit in the first quarter earnings, and Rakuten Group <4755>, which postponed the restructuring of its financial business from October of this year to January of next year, also fell. Bank stocks such as Shizuoka FG <5831>, Chiba Bank <8331>, Fukui Financial G <8354>, and Sumitomo Mitsui Bank <8316> were also lackluster due to the decline in interest rates. Other stocks that fell include Shionogi-Synthelabo Pharma <4507>, Disco <6146>, Sociomaterials <6526>, and Nitori Holdings <9843>.

Meanwhile, Fanuc <6954>, which raised its full-year outlook more than expected due to better-than-expected Q1 orders, was bought, as well as real estate stocks such as Mitsui Fudosan <8801>, Sumitomo Realty & Development <8830>, and Mitsubishi Estate <8802>, which were solid due to the decline in interest rates. Other strong performers included Omron <6645>, Chugai Pharmaceutical <4519>, JTEKT <6471>, Sony Group <6758>, and Nissan Motor <7201>.

By sector, mining, banking, machinery, metal products, and textiles & apparels industries fell, while only the real estate and transportation equipment sectors rose.

First Retail <9983> was the top contributor to the decline in stock prices, pushing the Nikkei average down by about 88 yen with just one stock. Second was Tokyo Electron <8035>, followed by Softbank G <9984>, Shin-Etsu Chemical <4063>, Advantest <6857>, Disco <6146>, and Shionogi <4507>. On the other hand, Fanuc <6954> was the top contributor to the rise in stock prices, pushing up the Nikkei average by about 22 yen with just one stock. Second was Chugai Pharmaceutical <4519>, followed by Recruit HD <6098>, Sony G <6758>, Kyocera <6971>, Omron <6645>, and Nippon Electric <6988>.

The number one declining stock was First Retail Holdings <9983>, which pressed the Nikkei down by about 88 yen, followed by Tokyo Electron <8035>, SoftBank Group <9984>, Shin-Etsu Chemical <4063>, Advantest <6857>, Disco <6146>, and Shionogi <4507>.

The number one gaining stock was Fanuc <6954>, which lifted the Nikkei by about 22 yen, followed by Chugai Pharmaceutical <4519>, Recruit HD <6098>, Sony G <6758>, Kyocera <6971>, Omron <6645>, and Nippon Electric <6988>.

*As of 11:30.

Nikkei Average Stock Price: 38,101.24 (-367.39)

Number of Rising Stocks: 46 (contribution +79.03)

Number of Falling Stocks: 176 (contribution -446.42)

Number of unchanged stocks 3

○ Top advancing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

<6954> Fanuc Corporation Sponsored ADR 4401 139 22.72

<4519> Chugai Pharmaceutical Co., Ltd. 6438 99 9.71

<6098> Recruit Holdings Co., Ltd. 8374 94 9.22

<6758> Sony Group Corp 13510 165 5.39

<6971> Kyocera Corporation Sponsored ADR 1889 17 4.32

<6645> Omron Corporation 5529 99 3.24

<6988> Nippon Electric Glass Co., Ltd. 13260 90 2.94

<7203> Toyota Motor 2980 13 2.12

<8015> Toyota Tsusho Corporation 2959 19 1.86

<4523> Eisai Co., Ltd. 5821 53 1.73

<8801> Mitsubishi Estate 1567 18 1.72

<7272> Yamaha Motor Co., Ltd. 1390 15 1.42

<4901> Fujifilm Holdings Corporation 3500 14 1.37

<8830> Sumitomo Realty & Development Co., Ltd. 5018 41 1.34

<7267> Honda Motor Co., Ltd. 1629 7 1.27

<2413> M3, Inc. 1440 14 1.06

<4578> Otsuka Holdings Co., Ltd. 7688 30 0.98

<4503> Astellas Pharma 1716 5 0.82

<3382> Seven & i Holdings Co., Ltd. 1782 6 0.59

<8802> Mitsubishi Estate 2593 14 0.44

Top decreasing stocks

Code, Stock Name, Latest Price, Day Change, Contribution

<9983> Fast Retailing Co., Ltd. 40260 -900 -88.27

<8035> TDK Corporation 28170 -470 -46.09

<9984> SoftBank Group Corp. 9190 -193 -37.86

<4063> Shin-Etsu Chemical Co., Ltd. 6662 -182 -29.75

<6857> Advantest -86 -22.49

<6146> DISCO -2080 -13.60

<4507> Shionogi & Co., Ltd. -335 -10.95

<6367> Daikin Industries, Ltd. -280 -9.15

<6301> Komatsu -262 -8.57

<6902> Denso -64 -8.37

<9843> Nitori Holdings Co., Ltd. -495 -8.09

<9433> KDDI Corporation -40 -7.85

<7741> HOYA -435 -7.11

<6920> Laser Tech -450 -5.88

<6981> Murata Manufacturing Co., Ltd. -68 -5.34

<7751> Canon Inc-spons ADR -107 -5.25

<7735> SCREEN -325 -4.25

<8058> Mitsubishi Corporation -42 -4.12

<1928> Sekisui House -125 -4.09

<6526> Socionext -118 -3.86