No Data
No Data
Rating information (investment decision changes - part 2) = Shin-Etsu Chemical and others.
◎Tokai Tokyo Securities (3 levels: outperform > neutral > underperform) Shinko Chemical <4063.T> -- "Neutral" → "Outperform", 5,360 yen → 5,750 yen ◎Mito Securities (5 levels: A > B+ > B > B- > C) Nitori HD <9843.T> -- "B+" → "B", 17,800 yen → 15,800 yen Provided by Wealth Advisor Co.
<Rating Change Observation> New ratings for Nissui and Nabtesco upgraded, while Nitori HD downgraded, among others.
◎ New and resumed ratings for Nissui <1332.T> -- A bank's rating upgraded to the highest tier of three stages. ◎ Upgraded Shin-Etsu Chemical <4063.T> -- A domestic major player's rating upgraded to the highest tier of three stages. Nabtesco <6268.T> -- A domestic major player's rating upgraded to the highest tier of three stages. ◎ Downgraded Chiyoda <8185.T> -- A bank's rating downgraded to the lowest tier of three stages. Nitori HD <9843.T> -- A domestic medium player rated third in a five-stage scale. Provided by Wealth Advisor Company.
Rating [Securities companies ratings]
Upgraded - Bullish Code Stock Name Securities Company Previous After ---------------------------------------------------------- <6268> Nabtesco SMBC Nikko "2" "1" <4063> Shin-Etsu Chemical Tokai Tokyo "neutral" "outperform" Downgraded - Bearish Code Stock Name Securities Company Previous After --------------------------------------------------
The Nikkei average is down about 550 yen, as reports of Israel attacking Iran raise concerns about worsening conditions in the Middle East = 13 days before the market opens.
On the 13th at around 10 AM, the Nikkei Stock Average is trading around 37,620 yen, down approximately 550 yen from the previous day. At 9:55 AM, it fell to 37,601 yen and 82 sen, marking a psychological threshold breach below 38,000 yen for the first time in about a week since the 6th. On the 12th in local time, U.S. Stocks saw a rebound as the yield on the U.S. 10-year Treasury bond decreased (meaning prices rose), which reduced the relative overvaluation of stock prices, boosting both the NY Dow and Nasdaq. However, Japanese stocks are affected by the rising yen against the dollar.
Of course, after passing SQ, buying on dips tends to be easier.
The Nikkei average declined for the first time in five trading days, closing at 38,173.09 yen, down 248.10 yen (with a Volume estimate of 1.5 billion 20 million shares traded). Following a drop in major stock indices in the U.S. market the previous day and a pause in the yen's depreciation, selling to secure immediate profits took precedence. The decline widened towards the end of the morning session, dropping to 38,102.05 yen. U.S. President Trump was reported by U.S. media to have said, "We will unilaterally set tariff rates within two weeks," which led to a restraint in active trading.
The Nikkei average rose by 209 yen, marking a four-day consecutive increase. Although it struggled, it regained some of its gains by the end of trading on November 11.
On the 11th, the Nikkei average in the afternoon rose by 209.68 yen compared to the previous day, reaching 38,421.19 yen, marking a four-day consecutive rise. The TOPIX (Tokyo Stock Price Index) also increased by 2.48 points, reaching 2,788.72 points. It was reported that on the 10th, during the U.S.-China trade talks held in London, officials from both countries agreed on a framework to implement the content agreed upon in Geneva previously. Concerns about U.S.-China tensions have eased, and buying predominated due to the yen's depreciation in the foreign exchange market.